Central New Jersey Commercial Printer For Sale

Business description

Commercial Printing Firm. Its goal is providing quality full service prepress and printing production to meet the needs of its varied customer base. The company offers up to six color printing along with graphic design services to provide advertising materials, brochures and related collateral materials, direct mail pieces, annual reports, stationary packets, and other printing needs. The production is done utilizing in house personnel and equipment

Established in 1949, profits have been steady during recent years. Gross sales for 2011 have been steady at $1.3 million with corresponding recast earnings of approximately $660,000. This is comprised of adjusted net income plus Owner’s compensation, benefits and depreciation.

Company is profitable and could be substantially expanded using existing equipment. The Company primarily relies on repeat business, word-of-mouth referrals and its reputation within the marketplace. Approximately 80% of sales are generated from repeat business with established customers. The owner is involved in sales and marketing. The company has a stellar reputation within the marketplace, when combined with the foundation that is in place, provides a springboard for expansion. There is considerable expansion that can be achieved without the need to add personnel or equipment.

The customer base is comprised primarily of small to large corporate end-user clients. There are approximately 200 active customers with the majority located within a 40-mile radius of its central New Jersey facility. NO one customer accounts for more than 5% of gross revenue. Employee retention has been excellent, as the majority of the personnel have been employed on a long-term basis. The business operates five days per week.

Currently the owner wishes to retire and has no family to take over the business and is seeking qualified potential buyers. He will provide a transition period to insure a seamless transition. The desirable location, consistent revenue growth, and proven track record in the market, make this an attractive business opportunity.

Property information

Real Estate:

Lease

Premises details:

14,000 sq ft, $6000.00

Business Operation

Reasons for selling:

Retirement

Trading hours:

Days: Monday-Friday, Hours: 8:00 - 5:00

Employees:

Full Time: 4, Part Time: 2

Years established:

63

Other information

Financing available:

Downpayment Required: $0
Financing is Available

Furniture / Fixtures value:

$500,000 (included in the asking price)