Business Summary:
Company wholesales and manufactures awards, plaques, gifts and has customers in most states. Production manager is cross trained in nearly every aspect of the business. Currently, only marketing or advertising is by word of mouth from existing customers. Seller has been comfortable with the current size and profits from the business so he hasn’t pursued new customers. A few years ago the owner joined some trade associations but owner didn’t want to produce the large orders since he was about to retire. Room for growth by adding more products to the company website, join industry associations and possibly sell through e-commerce. Facility can handle more production.
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| Year
Business was Established: 1991 |
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| Number of Employees:
2FT/1PT |
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| Facilities / Terms of Lease:
3,100 square foot leased facility on a month to month lease. Rent includes gas, electric, and trash removal. Landlord will sign a longer term lease. |
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| Owner
willing to finance:
Downpayment of $95,000 and seller will finance $94,000 for 60 months at 5.25%. Monthly payment $1,785. |
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| Owner
willing to train:
As needed. |
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| Reason for selling:
Retirement. |
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Seller Reference Number: 6254
BusinessMart.com Listing Number: 113821 |
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