Large Format Printing Company NH

Lebanon, NH (Grafton County) (Relocatable)

Seller Financing Available
Large Format Printing Company NH
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Asking Price: Get Financing: $29,900

Cash Flow: N/A

Gross Revenue: $39,151

EBITDA: N/A

FF&E: $24,695

Inventory: N/A

Lease Rate: $1,129 /Month

Established: 1974

Large Format Printing Company NH

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Business Description

The Digital Image Works has been in business since 1974, operated as a Sole Proprietorship. At its inception, the company produced slide-tape and multi-image presentations for businesses, non-profits, and government organizations. Over time it added in-house slide film processing and computer generated slide production (the first film recorder in Vermont). The company moved to White River Junction in 1988, added large format printing in the early 1990’s, and moved to Lebanon, New Hampshire in 2009.

The Digital Image Works is a large format printing company with years of experience and a very loyal clientele. The company produces, among other products, large prints/murals for advertising, exhibition, and decorative purposes. It also prints exterior vinyl banners and interior/exterior bannerstand banners, including the sale of bannerstand hardware. The Digital Image Works sells US, State, and message flags and creates custom flags through a wholesale supplier.

Detailed Information

Real Estate:
Leased
Building SF:
1,024
Lease Expiration:
N/A
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is housed in a multi-tenant commercial building in downtown Lebanon. Lebanon is a unique west central New Hampshire town in that it not only enjoys both local and visitor traffic which exists year round, but it also has the advantage of being very close to Dartmouth College, The Dartmouth-Hitchcock Academic Medical Center and several industrial parks which are home to a wide variety of cutting edge, high-tech manufacturing and R&D companies. From September through May, the area is teeming with students, faculty, employees, and parents which only adds to the vibrancy and positive economic impact of the area. The condition of the building and all furniture, fixtures, and equipment is good to very good. All capital assets are meticulously maintained with preventative maintenance handled as scheduled and repairs and upgrades handled as required.
Competition:
Company competes with three other printers in the area. Two of them are small, local shops with owners who are also considering retirement, and one large, full service printer.
Growth & Expansion:
The owner admits that after 43 years, he has identified increased revenue opportunities but has not had the initiative or opportunity to pursue them. Following are some business growth areas that he has identified, but has not pursued to the extent that he could have: -update to current generation technology -increase sales and marketing efforts -increase web and social media presence
Financing:
Available to Qualified Buyers
Support & Training:
The current owner is willing to stay on and train with the new owners for two weeks after the transfer of the business at no charge.
Reason for Selling:
Due to health restrictions, retirement is now imminent.
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(from currently available funds)
 
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Jay Polimeno

Business Listed By:
Jay Polimeno

Sunbelt Business Brokers of New Hampshire

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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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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