Established Printing, Signage, Graphics business, established 30 years

Austin, TX
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Asking Price:$395,000
Gross Revenue:$957,212
Rent:$6,150/Month
Established Year:1993
Cash Flow:$150,166
Inventory:$4,914
FF&E:$37,175
BUSINESS DESCRIPTION

This is an opportunity to invest in a well-run, profitable printing, signage, graphics, and marketing business that has been in operation for 30 years in the same location. The franchise system is one of the largest and most well known in the industry, having been in business over 50 years with many industry awards. The current owner works full time in the business, 8-5 M-F in a sales and management role. Revenues are strong and growing, and there is plenty of opportunity for growth with a new owner that wants to develop a sales team to drive new business development. The franchisor has resources to help with that. The existing customer base is 99% business-to-business, with good customer concentration characteristics across a variety of industries, such as health care, home building, real estate, restaurants, and more. No one customer takes up too much of the revenue. Most customers are repeat business and the business provides a customized online ordering portal for many of their best customers. There are extensive, up-to-date equipment, software, and systems to operate the business, with guidance from the franchisor. Each location has the personalized and direct support of Business Management Consultants to assist in the ongoing operations of the business. The franchisor has really helped with R&D to incorporate new technology over the years as it advances. The employees are skilled and in this business as a career. Sales is an important part of the owner's role, being focused on taking care of the customers they have and keeping them long term. The owner has kept very clean financial records that are an accurate reflection of the good health of this business.


DETAILED INFORMATION
Location
Austin, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
01/05/2027
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facility is a storefront with 3000 square feet. Equipment is extensive and includes several PCs, file server, backup systems. Digital equipment includes two Ricoh color digital presses, and an envelope printer. Wide format equipment includes a printer, laminator, and vinyl cutter. Finishing equipment includes a creaser/perforator, 3-hole drill, folding machine, programmable cutter, shrink wrapper, booklet maker, laminator, padder, coil punch/inserter, binding punch, wide format trimmer, and more. There is also a leased delivery vehicle.
Competition
The physical location is a storefront in a great established neighborhood. The market for digital printing and signage is well developed and large, not only in Austin but worldwide. Many customers use these services for their own marketing efforts, and there is a lot of repeat business from established clients. By maintaining a progressive outlook and proactive stance, the franchisor continues to be at the forefront of change, providing their network of owners with the edge needed to successfully compete in an evolving marketplace.
Growth & Expansion
There are many products and services offered by this franchise, including digital printing, signage, direct marketing, websites, promotional products, online services and more. A key opportunity for growth would be for the new owner to develop a sales team to drive new business development.
Financing
Have at least 25% of sale price in cash & 680 credit score for SBA loan.
Support & Training
The franchisor provides extensive training and support to help new owners operate the business successfully. The ideal owner will work full-time on the business and enjoy working with a proven business model and established operating systems to follow. The new owner should enjoy engaging and interacting with people. Seller may remain for a period to help transition.
Reason for Selling
Retirement: Owner is retirement age, and owner spouse is already retired.
Franchise
This business is an established franchise
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Kyle
DeHaas
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Kyle DeHaas