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Specialty Wholesale & Retail Business

New Hanover County, NC
listing image
Asking Price:$299,000
Gross Revenue:$390,531
FF&E:$45,000
Cash Flow:$133,285
Inventory:$33,000
Established Year:1996
Listing ID: 2308591Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well Established with Many Recurring Commercial Clients

This long-standing business specializes in quality engraved and personalized products delivered with top-notch customer service. With decades of experience, the business has earned a stellar reputation for its reliability, attention to detail, and customer satisfaction.

This niche business currently has many long-standing customers who order various specialized products ranging from awards, badges, gifts, stamps, and more. The client base ranges from local schools, real estate offices, hospitals, universities, churches, and local government organizations.

The full time owner/operator is looking to retire and wants to facilitate a new owner to continue servicing his long-time customers.

The business is fully turn-key with equipment, inventory, and demand. There is plenty of opportunities for growth. A new owner could add print and promotional products to sell to current customers and attract new customers.

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operates out of a 2,000-square-foot facility on a heavily traveled corridor. The business fully utilizes the space. The business owner owns the property and looking to offer a new tenant a favorable lease rate.
Competition
Considering this niche industry of this business, local competition is sparse. Also, new entries to the market are unexpected due to the niche industry.
Growth & Expansion
This business is full of potential growth opportunities. A new owner could consider adding print & promotional products to become more of a one stop shop for the current customer base. Also, adding in more product offerings could help bring new customers in the door. One example would be to offer leather embossing which is an often requested service. Considering there is little current marketing, an active social media campaign could help grow sales. I new website could help more leverage the high amount of google search traffic this business attracts.
Financing
Lender pre-screened with $35K down.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Owner is looking to retire.
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Ben Shaw
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