| Asking Price |
$349,000 | Inventory |
$50,000* |
|---|---|---|---|
| Gross Income |
$276,000 | Real Estate |
|
| Cash Flow |
$87,000 | Year Established | 1946 |
| FF&E |
$90,000* | Employees | 1 |
* included in the asking price
** not included in the asking price
The company has created a series of products, including but not limited to: laser engraved pens, executive desk pens, silk screened imprinted pens, advertising and promotional pens, gel pens, marble desk sets and various other advertising specialty items. The business is currently located in a 3,100 S.F. concrete block building which houses the workshop, office and inventory. Direct hire employees are minimal, since the company developed a group of sub-contractors and workshops that supply a large portion of products and finished goods. With an emphasis on creating name recognition and product awareness, the company has developed a full website exhibiting the product line and ordering information, has created hundreds of computer graphic images for marketing purposes and has developed a catalogue showcasing one of the largest selections of pens, accessories and promotional items. Since revenues are not dependent upon the company's current commercial location, a new owner could easily relocate the business, or operate it in place, with a very attractive lease scenario offered by the Seller.
Facilities: The company owns assorted foot pedal operated presses, motors, drills, grinders and tapping machines that can be purchased at the Buyer's discretion. The company also has the exclusive rights to use specialized injection molding and die equipment which will be assigned to a new owner. A complete and detailed equipment list is available for review.
Competition: There is no local competition for the company's product line. The closest similar operation would be a company in Massachusetts which has started to subcontract part of its assembly process elsewhere.
Growth/Expansion: The company's products and markets are steadily growing by industry, product and channels of distribution. Promotional products now represent a $19 Billion marketplace and writing instruments are the second largest product in the industry. A new owner could devote more effort to the lucrative promotional products marketplace and with minimal expense and the use of marketing reps for specific trade shows, could greatly increase revenues in a relatively short time.
Financing: Possibility for some limited financing.
Support/Training: The Seller will provide for a reasonable and negotiated transition period to benefit the Buyer.
Reason Selling: The owner plans to retire to a warmer climate.

Kevin J. Kryskowski
518-369-5959
Business Intermediary Group, LLC
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