Trophies & Awards

Greene County, OH (Relocatable)

Trophies & Awards
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Asking Price: Get Financing: $260,000

Cash Flow: $155,765

Gross Revenue: $857,638

EBITDA: N/A

FF&E: $64,000

Inventory: $58,000

Lease Rate: N/A /SF

Established: 1984

Trophies & Awards

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Business Description

The company has been manufacturing trophies, plaques & medals for more than 30 years. They feature the largest selection of sport and academic trophies, medals, plaques and more, all manufactured by this facility. This company is not a distributor of trophies and awards…. they are the manufacturer. This company has a full range of sublimation, laser engraving, screen printing and trophy assembly.

In addition to the trophies and award business, the company has grown to become a leader in custom logo sporting goods and apparel. A customer can begin with the selection of popular sporting apparel offered by an experienced and knowledgeable sales team. With the help of a full-time graphic artist individuals, teams and corporate organizations can create a unique image.

There is an experienced full-time staff that would likely remain with the business after the owner retires. Because the employees want to remain with the business this is a turn-key opportunity for a new owner.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
5 FT/1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates from a 6,000 square foot retail facility. The operating facility is in good condition and has had multiple updates since being purchased by the current owner. The owner uses 85% of the space for the retail store, print shop, trophy mfg., as well as inventory storage.
Competition:
There are a handful of competitors in the area. In addition on today's apparel and sporting gear and equipment they compete with internet only companies as well. The advantage of a local store is the customer can get exactly what they want in a timely manner. Most competitors do not have an in-house shop that can make any custom logo, message, large scale outfitting, and short notice orders "in the factory" that is actually located in the same building as the retail store.
Growth & Expansion:
The growth possibilities rest with someone with an expertise in optimizing internet demand with larger players in the area. In addition, special promotions with law enforcement, all of the small colleges and universities in Ohio, Indiana and Michigan as well as a concerted effort to drive awareness of company awards with all the major corporations. Focusing on these opportunities will drive growth in the coming years.
Financing:
$39,000 down/$195,000 for 120 mos. @ 6.75%
Support & Training:
Will train for 4 weeks @ no cost. The company makes awards, ranging from plaques, pins, trophies, as well as customization of team apparel for high schools, colleges and amateur athletics of all types. The owner carries a large selection of individual and team awards to choose from, with both stock and custom designs available. Awards are available for team sports, corporate service, recognition, academic accomplishment, as well as providing some clothing accessories for law enforcement, fire departments and safety clothing for highway, railroad, airport, and ship workers.
Reason for Selling:
Retirement.
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John Morris

Business Listed By:
John Morris

Murphy Business & Financial Corporation

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Sponsoring Broker:
William White

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