Family Bus. Oppt. - Existing Trophy, Awards & Promotional Items

DE (Relocatable)

Family Bus. Oppt. - Existing Trophy, Awards & Promotional Items

Asking Price:$200,000

Cash Flow:$82,028

Gross Revenue:$228,037

EBITDA:N/A

FF&E:$10,000

Inventory:$25,000

Established:2003

Family Bus. Oppt. - Existing Trophy, Awards & Promotional Items

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Business Description

This trophy, awards and promotional products business is the recognized leader in the
multi-billion dollar awards and recognition industry and is America’s largest awards
supplier with more than 140 stores in operation. They cover the entire awards market,
offering not only trophies, but plaques, medals, corporate awards, crystal and acrylic
trophies, cups, frames, sculpture trophies, custom awards and more. Signs and
promotional products are also now available. With its online engraving service, this
business is a one-stop shopping convenience, taking care of all awards needs from the
original honor to delivery of the finished product to a proud recipient. This location is the
only real game in town and does business with all the local schools, sports teams,
government and also some of the local businesses. The owners however have their time
divided among several businesses, live furthest from this location and feel that this
business would be best served by an owner operator/family business that could be onsite
day-to-day. 99% of all product is produced in the store to order.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The location is a 1600 square foot freestanding building. It has been in this location for 13 years. The lease is currently through July 31, 2018.
Competition:
Competition exists of Etched in Time located 45-60 minutes away in Rehoboth DE and Etch Art and Bubba's located on the Maryland Eastern Shore. Other franchise locations of this business are in Dover and Wilmington, DE. No other franchise locations for this business will be sold on the MD or DE Eastern Shores. The internet provides the only other competition, but cannot compete on service.
Growth & Expansion:
New owners can grow revenues through increased corporate accounts, as well as new product lines including promotional products, signs, shirts, engraving and sandblasting. Prior to 2008, gross sales were $350,000 with net profits at $150,000. With active ownership, this can be achieved again.
Financing:
$100k down/$100 for 60 mos. @ 6%.
Support & Training:
Will train for 2 weeks @ no cost. Management spends time serving customers, taking orders, overseeing production and delivery. Additionally new owners would be participating in local marketing efforts and building relationships in the community to increase business. More corporate accounts would grow the current revenues.
Reason for Selling:
Other business interests; relocation.
Franchise:
This business is an established franchise

Listing Statistics for Premium Members

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Murphy Business

Business Listed By:
Murphy Business

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The Georgia Association of Business Brokers (GABB).

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