Laminating And Finishing To The Printing Industry Company For Sale

Business description

LAMINATING AND FINISHING TO THE PRINTING INDUSTRY COMPANY, Price $400,000:
Company is a trade provider of print and graphic finishes to the printing and peripheral industries. Current owner acquired the company in 1995, moved it to its present location in January 2001. Company provides one side, two side lamination for all types of printed materials; cutting and laminating index tabs of all sizes; cutting and laminating pocket folders; die cutting; foil stamping; embossing, scoring and perforating. All the original equipment used in the business at the time it was acquired in 1995 has been replaced over time with more modern, faster production equipment. This company is one of three in the city who provide these services. While the economy has had an effect on revenues and accounts receivable, the most damaging impact on the business has been the equipment replacement expenses, and embezzlement by a key employee that went on for several years before it was discovered. The company has been playing “catch up” ever since. Excellent employees in place who are known for their quality of work and customer service skills. Price includes $600,000 in equipment and a $100,000 + Cashflow.

Property information

Real Estate:

Lease

Location:

15,000 sq ft leased facility. Rent is $5,700/month.

Premises details:

15,000 sq ft leased facility. Rent is $5,700/month.

Size in square feet:

15,000

Business Operation

Reasons for selling:

Company is undercapitalized. Seller is motivated.

Employees:

8

Years established:

1979

Other information

Support & training:

Two weeks at no cost. Management is willing to remain post transition.

Furniture / Fixtures value:

$600,000 (included in the asking price)

Inventory / Stock value:

$4,000 (included in the asking price)