Business Summary:
This home based business was established in 1985 as an S Corporation by the present owner. The business specializes in using digital tools to typeset business cards, forms & invoices, letterhead, envelopes, newsletters, screen printing, newspapers, advertisements, signage, flyers, calendars, presentation folders, maps, brochures, posters and more. The company also generates income by brokering print jobs to area printing companies. The principal has many years of experience in the industry, and feels that she could train a new owner with no problem. The owner’s office hours our somewhat flexible, as she only works 24 to 30 hours a week on a normal basis. Very few of the principal’s customers send the work out to bid; most jobs come to her with out going through the bidding process.
The potential in this company to increase the growth of this business is very high, due to the reality that the only advertising is word-of-mouth. The owner has serviced these customers for many years and she only does what they ask. She does not try to gain more business out them by asking if there is more work she could do for them. She feels comfortable with her work schedule and doesn’t wish to increase the number of hours she works in a week. By increasing the number of hours worked and up-selling your existing customers, the owner believes you should see substantial growth in the revenues of the company. Also the company publishes a directory to a niche organization. This directory host local doctors, banks and l awyers with the advertising fees being paid to the owner, a new owner could expand this effort.
The owner has two homes; she lives part of the time in Kansas City and the other time in a home that is out of state. She wishes to retire and move to her home which is located out of state.
Working 24 to 30 hours per week and about 42 weeks of the year, the owner is able to generate a cash flow of$45,000 to $50,000 per year.
The asking price of the business is $120,000, this includes the furniture, fixtures & equipment; trade name; non-compete/goodwill; customer& supplier lists; all customer type setting records and telephone numbers. The sale price does not include cash & cash equivalents; trade accounts receivable and non-operating assets. All existing liabilities shall be satisfied by the owner.
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