Commercial Printer - Bindery Work
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $350000
Net Profit / Cash Flow $70000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1940
Number of Employees 1 - 3
Inventory 180000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Seller transition training.
Reason for Sale Retirement.
Description This is a non-union, mid-sized commercial printer located in upstate eastern New York that has been in the same family for over 65 years. It has developed long-term relationships with existing business and non-profit customers by concentrating on quality and service. The company has no dedicated outside sales effort. The owner handles operations and sales. There are two pressmen employed by the company. Wages range from $11 to $18 per hour.
The business provides general one and two-color printing, bindery, desktop publishing and envelope printing. Services include the production of newsletters, booklets, stationery, business cards, pamphlets, flyers, brochures, manuals, and forms. A new owner should explore additional marketing efforts to grow the business through the use of a direct sales staff, independent sales representatives, Internet, mail order, telemarketing, email, yellow pages and direct mail.
The facility has approximately 3,000 square feet of production and office space used in printing and related production operations. The equipment base will allow for very substantial growth. Included are two 13x18.5 presses, one 20x26 press, an envelope press, cutters, folders, stichers and collators. There is approximately $150,900 in equipment at a conservative fair market basis.
Average revenues over recent years has been in the $350,000 range with an average cash flow of about $72,000.
This company is being offered as a purchase of business assets, which includes production equipment, inventory, accounts receivables, and real property. The business offering price is $235,000. The income producing real property that the printing business occupies is also available at an offering price of $150,000. The total offering price is $385,000. Contact for more information on this Commercial Printer - Bindery business for sale.
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