Strong cash flow and poised for growth! The retail condominium can also be purchased with the business for an additional $265,000. This is a turnkey, highly profitable, established, state of the art independent printing and sign business. The only provider of both printing and sign services in this affluent community keeps customers coming back with its reputation for quality work, on time delivery and exceptional customer service. The business is open from Monday-Friday 10am – 5pm. Expanding hours of operation to early morning and/or evenings and Saturday and Sunday would give opportunity to boost revenues. This business is ready to take to the next level. (The owners will consider additional two weeks training for a negotiable fee)
Situated on the main thoroughfare with an average of 13,000 vehicles passing by daily, it is located in a prime corner spot in a rare upscale mixed use retail condominium building. There is 1328 sq ft of well utilized space. The lease is $19/sq ft/year plus $623/month HOA fees with a 5 year term plus options. Owners would negotiate terms for the right buyer/tenant. The retail condominium can also be purchased with the business for an additional $265,000. The building is well maintained with recent exterior painting. There are two 15 minute customer only parking spots out front and more available parking behind the building.
The location is in a growing affluent area with new business and residential units under construction. The main roadway has completed construction and access and visibility is even better. Growth has been in the double digits year after year since 2015. The national average for printing is 3-5% growth over the last five years with the sign industry at an average of 3.3% growth. Far exceeding the national averages, this business has seen double digit growth year after year since 2015. Just expanding hours of operation to early morning and/or evenings, as well as, Saturday and Sunday would give an immediate increase in revenues since there is no other full service sign and printer in the area.
There is very little local competition and no other printer provides sign services as well as the variety of products and custom services. Their stellar reputation for service and fair pricing keeps bringing customers back and acquiring new ones. As the print industry has transitioned over the last 20 years from offset printing to digital technology, this company has taken advantage of that and continued to grow profitably. Today printing is a $76 billion industry. Printing technological advances enables expansion of print to non-traditional markets creating significant new growth markets for printers. Print continues to be strong in the Direct Mail arena. Print outperforms all digital channels combined by over 600%. In addition, the $15 billion sign industry, says IBIS Worldwide, is expected to continue expanding over the five years to 2022.
Owners are relocating to another state.
Will train for 2 weeks @ no cost. This is a one stop shop, full service printer with the latest technology in printers and in printing. They provide a wide range of services from brochures to direct mail to T-shirts to oversize printing to vehicle graphics to signage. Color Matching software offers customers a perfect consistent look to all branding materials. Graphic design support is offered in addition. It would be a plus to have computer knowledge, administrative experience, graphic design background, basic accounting/bookkeeping, marketing and customer service experience.