Established Trophy and Awards Retail Store, Cobb County

Powder Springs, GA (Cobb County)

Established Trophy and Awards Retail Store, Cobb County

Asking Price:$135,000

Cash Flow:$43,500

Gross Revenue:$137,252

EBITDA:N/A

FF&E:$50,000

Inventory:$50,000

Rate/Sq. Ft.:N/A

Established:1998

Established Trophy and Awards Retail Store, Cobb County

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Business Description

This is an established trophy and awards retail store that fabricates and sells a wide range of awards and other related products to public schools, private businesses and youth sporting organizations. The store has been owned by the same person for the last 28 years who is ready to retire. The company is known for its great quality products and fast service. They often can deliver awards and trophies the next day. Its customer base is diversified and they do not depend on any one client. Their customers include long term accounts with seasonal needs and walk-in customers. The stores capabilities allow it to fabricate and supply a wide variety of trophies, plaques, ribbons and many other items to reward, recognize or commemorate an event or achievement.

This is a great opportunity to own a business with a history of profitability and great future potential. The sales price includes all FF&E and all the inventory. The inventory is valued at approximately $50,000.00 and is not obsolete.

Books and records are available for review. Owner has maintained a meticulous data base with customer accounts including schools, cities, counties, local business, youth organizations and other local companies.

For more information call Michael Golkin at 404-903-8553.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The store is approximately 3,300 square feet and is located in a commercial center with good signage, visibility and parking. The bright showroom and sales areas display many trophies and awards for walk-in customers to view. Located at the back of store is the fabrication area, inventory and break area. The store is fully stocked with approximately $50,000 in inventory (included in the sales price) stored on approximately 15’ shelving racks. The fabrication areas are well equipped with work stations for employees and a break area with refrigerator and microwave. There’s plenty of room here to handle much higher sales volume and staffing. The furniture, fixtures and equipment includes: 2 Xenetech engravers, 1 XLT Xentech Laser Engraver, Sublimation Machine, 2 computers, drill press and other fabrication equipment.
Competition:
The store is distinguished by providing personalized service to its customers and is well established with a great reputation in the local and surrounding communities. The store has been visible and know to the community for many years. The business is conveniently located and well stocked with samples and products. The owner provides personalized service, quick turnaround on orders and flexible with last minute additions or changes.
Growth & Expansion:
The store can easily expand with the growing population base and new business locating in the community. There is no current marketing program in place-the seller does not have a website. The current owner relies on referrals, repeat accounts and walk-ins. A new owner can implement a new marketing and advertising campaign to significantly increase sales and profits. Implementing base advertising such as adding a website for orders, preparing a catalog, networking in the community and other marketing efforts can quickly increase revenues. There’s also opportunity to add products, increase geographic area and increase prices.
Support & Training:
Long term training available. The seller is willing to train for up to 3 months to train on how to operate the business and ensure smooth transition of existing clients to the new ownership.
Reason for Selling:
Owner is retiring after serving the community for 28 years

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Michael Golkin, CPA

Business Listed By:
Michael Golkin, CPA

Metrobrokers Inc.

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).


Sponsoring Broker:
Kevin Levent

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