Established Printing Services Franchise
Location North Carolina,United States
Asking Price Range $250K - $500K
Gross Revenues $954000
Net Profit / Cash Flow $167000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1977
Number of Employees 6 - 9
Inventory 72000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller & Franchisor will provide training
Reason for Sale Retirement
Description Excellent opportunity to own a growing and long-established franchised printing business in the Greensboro, Winston-Salem, High Point, North Carolina area. Clientele is primarily comprised of small business and institutional customers. Eighty to Ninety percent of annual revenues are derived from repeat customers while new marketing efforts, including those of an outside salesperson, account for ten to twenty percent.
The company provides all customary printing services and revenues associated with marketing account for over fifty percent of revenues. An experienced staff is on board, including a general manager. The current owner works about 20 hours per week in the business. Current equipment is adequate to maintain and grow current revenues and has a useful life of over 10 years. Copiers, as with most printing businesses, are leased.
Revenues were up 5.8% in 2012. This business is pre-approved for an SBA loan with a 15-20% cash injection from a buyer, with a ten-year financing term. For more information, contact Bob Holt.
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