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Historical Printing Company In a Beautiful Location
Web ID #
4598
Listing #
314
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Listing Information
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Biz Address
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Deep River,
Connecticut
United States
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Type of Seller
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Owner
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Business Model
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Independent
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For Sale / Investors
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For Sale
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Business Details
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Asking Price
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$180,000.00
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Value of Assets
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$50,000,000.00
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Average Value of Inventory
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Will Consider Financing
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What % or $ Amount
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0
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Will Remain For Transition
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Owners are willing to remain for thirty to forty-five days in order to facilitate a smooth transition.
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Will Accept Non-Compete
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Yes
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Formal Biz Valuation
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Business Description
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Founded in 1874, in continuous operation since then, this owner-operated historic business has notably withstood the tests of time. This profitable and ever-growing business specializes in expert commercial printing including, but not limited to, newsletters, brochures, books, town reports as well as carbon-less forms and four-color printing. They also pride themselves in producing labels, business cards, flyers, note cards, art cards and invitations of all kinds. Their extensive name recognition and great reputation has helped to provide them with a 38% net profit over the last five years without any outside sales. Their professional and friendly customer service has reaped them an 80% repeat customer database as well as invaluable word of mouth advertising. This business has an astronomical growth potential. An ambitious new owner and an outside sales representative would greatly expand the marketability as well as the profits. This could be an excellent opportunity for a franchise to revamp an existing business that has an established client base. There are no “Franchises” in the area at this time. The owners have recently lowered the price to $180,000.00 from the previous asking price of $220,000.00. This business is valued at $235,000.00 and the owners are extremely motivated to sell due to illness.
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