Printing and High Speed Copier Business-Price Reduction-Near College

Narragansett, RI (Washington County)

Printing and High Speed Copier Business-Price Reduction-Near College
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Asking Price: Get Financing: $185,000

Cash Flow: $114,279

Gross Revenue: $501,115

EBITDA: N/A

FF&E: $60,000

Inventory: $10,000*

Lease Rate: N/A /SF

Established: 2001

*not included in asking price.

Printing and High Speed Copier Business-Price Reduction-Near College

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Business Description

Busy and profitable high speed copier, printing, and communication services company located very near major college. Growth being driven by national accounts and the Ad Specialty market. Price reduced.

Primary Services: digital (high speed) printing, offset printing, large format Marketing & Web Design, Graphic design, Wide Format Scanning, Die Cutting, and Bindery Services.

Additional services include Book Binding, Scanning, high resolution copies from Disk/CD and Flash Drives, File Manipulation and Editing, Fax, Variable Data, Notary, Authorized UPS Shipping outlet.

Growth opportunities include expansion of large format printing and direct mail services.

Cash flow YTD September 30, 2017 is $125,393 with adjusted FY earnings of $114,270 for 2016.

This business is aggressively priced at less than a two times adjusted earnings multiple. Buyer must also assume balance on two printer leases.

Asking price includes over $70,000 in assets.

This business is potentially a very good candidate for SBA Express or 7 (a)financing. Very good quality financial and bank records.

This business is a good match with someone with a business or graphics background. High speed copiers require less expertise than conventional screen or offset printers.

Growth opportunities include expansion of large format printing and direct mail services.

Nice location with many retail neighbors near Rhode Island coastline.

Low customer concentration with many repeat customers.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
9/5/2018
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,200 SF two story facility
Competition:
Publicly owned printing business in nearby school with limited operating hours and poor parking.
Growth & Expansion:
Respond to the steady needs of local business community and academics.
Support & Training:
Two weeks management consulting, may stay on if acceptable offer.
Reason for Selling:
Full time employment
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Robert Flynn

Business Listed By:
Robert Flynn

United Brokers Group LLC

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Memberships & Certifications:
Indicates membership in The New England Business Brokers Association (NEBBA).


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