Business Summary:
Well-established and highly profitable award company for sale in Orange County. This business encompasses 2 companies: a retail award and trophy shop, and a wholesale light manufacturing company that sells award components to the Award and Recognition industry. Established in 1971, there are over 500 repeat customers that continue to deliver profitable sales growth: 4.2% in 2013, 9.5% growth in 2012, 11% growth in 2011, in spite of tough economic conditions during these periods. In 2013, this company acquired the customers of a local competitor that established over $40,000 in incremental sales. All acquisition costs have already been paid. As a result this is now the only award and trophy company in its city. Sales growth has come from investing in Internet advertising, search engine optimization, and upgrading of the company web site. Processes include laser engraving, rotary engraving, sublimation, and blasting and screen-printing. Substantial growth opportunity is possible through expansion into the Advertising Specialty market.Location: Prime corner location that is highly visible on a main street since 1983. The building encompasses multiple showrooms, offices, warehouse and manufacturing space.Lease: Assumable below market lease by local and very reasonable landlord. Recently negotiated an extended lease through June 2016 at a below market rate of $.68 sq. ft.General: This business is being offered for sale as the current owner wants to retire. The ideal buyer is a partnership or Husband/Wife team that wants to run a hands on business. Experience in the industry is not required as the current owner will train the new owners. There are currently 3 part time employees.
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