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Highly Profitable Large Format Digital Printing Business For Sale
- 1 hour from Albany, New York, United States
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- Business description
- This modern, highly profitable digital printing company, located with-in one hour of Albany, NY, sells nationally, but with a concentration in the northeast. With annual sales around $3,000,000, this company generates 24.7% cash flow after EBITDA, owner’s compensation, and owner-discretionary expenses.
- General information
- Years established:40
- Employees: 18
- Real Estate: Lease
- Lease terms:The business occupies a leased 8,200 sq.ft., free-standing cement block building located on two acres of land on a state highway. The building is separately owned by the owner. A long-term lease is in place with an option to renew. The building is available for purchase in addition to the company; alternatively, option to buy or right of first refusal are also available.
- Expansion potential:Our business is comprised of three primary business activites, and each has expansion opportunities. We also have five separate web sites and there is tremendous growth opportunities in the on-line marketing arena.
- Competition / Market:Competition consists of other producers of cut vinyl graphics, large format digital prints, banners and distributors of vinyl roll goods. However, one of our strengths is that we are in so many different market areas, with so many types of services offered, to so many types of customer, and with a good geographic spread, that we are not locked into or beholden to any one sector. The major threat is new/emerging technologies, but we have turned this into a strength by getting into the new tecnology before our competitors.
- Support & training:Owner/seller is willing to work with new owner / buyer for up to 3 months after closing for purposes of training, assisting with the transition, sales continuity, etc.
- Reasons for selling:The owner was attracted to this business as an opportunity to grow and develop a small business. The owner is a classic entrepreneur who enjoys the challenges of a start-up or turnaround situation. Now, with all business procedures in place and the company running smoothly and profitably, he is anxious to reduce his weekly time away from home (which is 2 ½ hours away) and to move on to a new challenge.
