Established and Ready for YOU: Trophy and Awards Shop

Carbondale, IL (Jackson County)

Street View of Carbondale Trophy
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Asking Price: $309,000

Cash Flow: $39,752

Gross Revenue: $110,434

EBITDA: N/A

FF&E: $50,000

Inventory: $12,000

Real Estate: N/A

Established: 1976

Established and Ready for YOU: Trophy and Awards Shop

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Business Description

Being offered exclusively by Russell Business & Financial LLC is a full-service trophy and award business, the Carbondale Trophy Company. This business has been in operation since 1976, owned and operated by a husband and wife team. This business is located in a university town, in rural, southern Illinois.

The activity of the business is assembling trophies, engraving nameplates and plaques, as well as ordering parts and performing assembly to make the finished product that is presented to clients. The owners say the key to their success has been customer satisfaction, which encompasses the reliable quality of their work as well as good communication skills with the customers to figure out exactly what type of award, plaque or trophy, they are interested in…whether is be wood, metal, acrylic or glass.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,000
Employees:
1.5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This shop is located in a large building, ground floor, and has ample space for display, customer services, office, and workshop. The building has an upstairs too that is used for storage. The real estate is included in this business purchase. It is a 3,000 sq ft, 1 & ½ story building with brick exterior, sheet rock interior, ceiling heights 10’-12’, natural gas, forced-air heating and refrigerated air conditioning. The property is located within city limits in a commercial and retail zoned area with on-street paved parking and city utilities. The business takes up only a portion of the footprint of the building, leaving space where additional use or other usage could be built out.
Competition:
The technical and competitive advantage to this business has is that its nearest competitor is over ten miles away and does not offer the variety that this business does. This business has a “we can make that happen,” business attitude, which makes a big difference in a rural region. The name and reputation has always produced consistent sales and profits. The integrity of this business generates high local support throughout the region. The well-established customer base insures the stability of the business.
Growth & Expansion:
Although the business has 100% of the market share in its trade area, a new owner would have options to expand greatly into the region and beyond, especially by adding internet sales. Profit is currently good, but the current owners rely on word of mouth, with minimal advertising. Again, a plus that the community supports the business to a high degree. There are no competitors in the immediate market area and the profit advantage has its good margins and easy to sell, much-needed products. In other words, if you need a trophy, you come here. A huge opportunity exists here to build capacity through social marketing and online sales. A strategy needs to be developed to finding out consumers who are interested in buying trophies in large quantities and to reach out to them personally to brief them about best features of each product. Repeat, bulk-order sales customers are easy to obtain in a trophy business.
Support & Training:
It is easy to learn the technical aspects of the business. A learning transition of a month or two is recommended depending on experience. This business requires few employees, in this case a husband and wife team, making it easy to operate. Handcraft and mechanical experience is desirable. The owners have agreed to explain and familiarize buyer with the necessary operational information.
Reason for Selling:
Owners are ready to retire.
Business Website:
http://carbondaletrophy.com
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(from currently available funds)
 
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Robyn Russell

Business Listed By:
Robyn Russell

Russell Business & Financial

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