Retail Trophy Co. Nets $184,000-
| Asking Price: | $425,000 |
| Gross Revenue: | $827,940 |
| Rent: | $2,000/Month |
| Established Year: | 1986 |
| Cash Flow: | $184,400 |
| Inventory: | $45,000 |
| FF&E: | $79,000 |
Owner retiring for this long-established retail trophy company with a previous gross income of $827,940 and a net yearly income of $184,000 based on an onsite owner operator. The company has relationships with sports clubs, schools, retail, and non-retail companies. They offer plaques, trophies, medals, ribbons, acrylic awards, clocks, pens, name plates, banners, t-shirts, bowling balls, etc. A substantial amount of their business income represents resale orders to long-standing customers with continued relationships. The company also has an online Trophy & Awards menu available to its customers. Their locally owned business has provided their services to thousands of customers across the New Jersey metropolitan area. Their awards, gifts, and promotional items are all made from high-quality materials, and customized in house with engraving and sublimation capabilities. To meet the diverse needs of coaches, high schools, youth organizations, sports teams, academic leagues, tournaments, marathons, nonprofit organizations, and businesses, they maintain and have access to a huge inventory of awards and promotional products (both foreign and USA made). This is a dependable safe business opportunity. The yearly 2023 gross income represented by the seller owner is $827,940, and the business has a yearly net income of approximately $184,000 based on an onsite owner operator and prior to any debt service. The 2024 gross income is projected to be equal to previous year, and formal due diligence is recommended by the purchaser. The business fixed assets have an estimated value of approximately $79,000 which is based on the original equipment and licensing buildout & replacement cost in addition to the multiple of the existing net yearly income. This transaction consists of a fully equipped commercial retail store, which includes, required licenses, web site, social media venues, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request. For Qualifications purposes, this business opportunity industry does not require government licensing approval to purchase or operate, other than the standard required municipal licenses.
