MergerPlace

Advertising-Awards, Promo Products

Minnesota


  • Asking Price: $1,125,000
  • Gross Income: $799,799
  • Cash Flow: $152,755
  • Real Estate: $750,000
  • Inventory: Not Disclosed
  • FF&E: $371,000
  • Listing ID: #222492
  • Established: 1989
  • Employees: 5 FT / 2 PT

Business Description

LENDER PRE-QUALIFIED - MULTIPLE REVENUE STREAM OPPORTUNITY. Well established, reputable advertising specialties company providing a wide range of high quality services in the community, the surrounding region and some national accounts. REVENUE FOR 1ST HALF 2020 IS UP 32% FROM 2019. The business services include awards and incentives, embroidery, signs, screen printing, promotional and print solutions, apparel and decoration, signs, wraps, displays, on-line solutions etc. The owner receives additional rent from a tenant in this modern building, which is included in the offering.


Business Details

Primary Business Category: Services - Other Services
Location: Minnesota

Company Information

Year Established: 1989
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT / 2 PT

Financial Information

Asking Price: $1,125,000
Gross Revenue: $799,799
Cash Flow: $152,755
FF&E: $371,000
Real Estate: $750,000
Seller Financing Available: No

Property Information

Facilities:

10,000 sq. ft.building on a 3/4 acre lot with a paved parking lot and a vacant adjacent lot included. 2,500 sq. ft is rented to a commercial tenant. The building was built in 2006 is located on a major highway that runs through town. There is space for production, storage, offices and conference room as well a nice display area as you enter the building. The building is modern and well maintained and a valuable asset included in this offering.

Competition:

There is a normal level of competition for each of the services this business offers.

Reason for selling:

Retirement

Support & Training:

Will train for 2 weeks @ no cost No special skills or certifications are needed to run this business. Industry knowledge and business management skills would be helpful. The business services include awards and incentives, embroidery, signs, screen printing, promotional and print solutions, apparel and decoration, signs, wraps, displays, on-line solutions etc. The owner receives additional rent from a tenant is his modern building, which included in this offering.

Contact Business Seller

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Business Listed By:

Pat Steffl

Murphy Business Brokers