Businesses For Sale > Business For Sale in Logansport, Indiana (IN)
Screen Prining, Embroidery, Trophy and Awards, Promotional Product Retail Store in Logansport, India for sale in Logansport, IN
Logansport, Indiana (IN)
Asking Price: |
Gross: |
Cash Flow: |
$ 240,000 |
$ 600,000 |
$ 20,000 |
Furniture and Fixtures Value:
$ 75,000 (included in the asking price)
Inventory Value:
$ 25,000 (included in the asking price)
Real Estate:
$ 180,000 (not included in the asking price)
Business Summary:
Priced reduced $30,000. This is great turn key business with established clients and a great walk in retail business located in a great downtown location. Price includes all equipment including brand new Direct To Garment Brother printer, MELCO embroidery machine with top notch software, Roland 15" Plotter/Cutter, new sublimation printer, 6 head manual screen printing press, 32" dryer, two computerized engraving machines, 2 graphic work stations and accounting computer billing station, all with software including all supplies and on hand inventory. This is the largest promotional and awards custom retailer in a four county area servicing many corporate clients as well as four schools corporations. Large ASI customer base with corporate clients throughout the United States. Well established repeat customers. Fast paced with potential for even more growth. Owner wanting to retire and will assist in training for thirty days then at a negotioable rate after one month. This is a great family business environment. Owners salary is not included in positive cash flow figure. Business is currently top heavy in personnel due to owner taking more time off. There is room for triming the current number of employees thus increasing positive cash flow even more. The repeat business alone willpay for this purchase in the first year.
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Year
Business was Established: 1994 |
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Number of Employees:
5 FT/1PT |
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Facilities / Terms of Lease:
Building purchase is optional. Current business rent is $600.00 per month. Business is located in 2200 sq. ft building. Building also has four commercial rental units, all of which are now rented generating $2050/moth income. Buidling also has nice 2 bedroom upper level apartment also now rented. If buidling is not purchased, lease term is for three years. |
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Potential
Growth/Expansion:
We do not have an internet presence, this could launch a whole new avenue of income. Owner is only outside sales rep and business relies primarily on repeat customers. Adding another fulltime sales person could dramitically increase revenue source. |
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Competition:
One struggling small downtown business, not serious threat. There are also a couple home based businesses in the area but also not a threat. |
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Owner
willing to finance:
Buyer provides own financing. Local banks are current cutomers and will assist in financing. |
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Owner
willing to train:
Owner will assist in training new owners for one month at no charge. After 30 days, assistance is available at negotioable rate. |
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Reason for selling:
Owner is 63 and ready to retire to warm weather within next 3 years. |
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Seller Reference Number: 20284
BusinessMart.com Listing Number: 73088 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
574-737-7106
Thomas LaDow
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