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Profitable Large Format & Sign Printer

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $300000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  2 weeks
Reason for Sale  family

Description  
This business is an efficient and profitable full-service large format printing and sign production facility in northern Santa Clara County, CA, that can be managed by a semi-absentee owner. With state-of-the-art software and up-to-date equipment, the business enjoys a sterling reputation with its many commercial customers in the Silicon Valley. For 2013, the company did just over $300k in gross sales, and just over $100k in SDE - that's a 33% return on sales! The owner has made some recent changes in operations, turning over management to a long-term key employee, and making it even more attractive as an absentee-run business. In the transition sales were impacted slightly in the beginning of 2014, but the result is a boon for the potential buyer. Based on January through May 2014 sales and historical trends from 2013, the owner projects 2014 sales at a minimum of $279,000, with an SDE in excess of $81,000. The asking price is $139,900 (plus raw materials inventory): ~50% of gross sales (2014) and 1.73 x SDE (2014); that's 46.6% of gross sales (2013) and 1.4 x SDE (2013). The company has a well-developed, recognizable brand, strategically displayed on its building, materials, and web site. Established in 2009, it relocated to its 1800 sq ft retail/industrial site two years ago. Rent is ~$1850/month, all-inclusive. Utilities average $180/month. The lease is up in June 2014, and is continuing on a month-to-month basis; but, if the new owner wants to stay, the landlord is very receptive to a new lease.


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