This business services and printing related business has been established many years. It is a debt free business with an excellent staff. Seller wants to retire but will train buyer as needed.
For calendar year 2013, the sales for commercial printing were approximately $850,000 and the mailing services were approximately $250,000 for a total of about $1,100,000. However, the 5 year average sales has been about $1,600,000. The owners are elderly and have not been very aggressive with sales and marketing. In 2007 the printing industry started to take a hit as the economy started its slide into recession.
The business is housed in a 9.162 SF totally air conditioned building plus approximately 3,000 SF of attic storage space. The building is located in a nice industrial park and an excellent location. There is no current appraisal on the real estate but the Sellers estimate the fair market value to be $600,000. The real estate and business are owned debt free.
The owners wish to sell the real estate and business together as a package deal. The asking price of the business is $400,000 so the total asking price for the business and real estate is $1,000,000.