This 25 year old commercial printer provides 4-color and 2-color commercial printing services to hundreds of Bay Area businesses, including three key long-term, repeat customers. Revenues have been relatively stable over the past four years with peaks in 2008 and 2009. A strong rebound is being experienced in 2011 due to the sharp increase in local demand for quality printing. The company's customer base has shown great loyalty due to the printing quality, service and competitive pricing.
The existing facility, with its excellent equipment that includes the $300,000 (new cost) 4-color printer, can easily handle twice the current volume of business. This under-utilization of the facilities and equipment is largely due to the current ownership's choice to do no direct marketing, relying entirely upon referrals for new business.
Gross: $550,000 ($605K in '07; $643K in '08; $622K in '09 and $550K in '10)
Net: $247,115 (in 2010)
Inventory: Existing paper stock / ink (included in price)
F F & E: $350,000 (included in price)