Turnkey North TX Awards, Sign, Apparel, and Promo Products Shop w/RE

Tarrant County, TX
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Sale Pending
Asking Price:$675,000
Gross Revenue:$391,000
FF&E:$50,000
Established Year:1997
Cash Flow:$186,000
Inventory:$25,000
Real Estate:$560,000
BUSINESS DESCRIPTION

This company, based in North Texas, provides high quality and artistically designed awards, signs, apparel, and other promotional products. Other than a few items which are outsourced, the company designs and manufactures all its products on site in its 3,300 sq. ft. production facility. The business has a 28-year history of providing its clientele with top quality products cost-effectively. The business originally opened as a sign business in 1996 and acquired a local awards business in 1997 to complement its existing offerings. Services are provided to a variety of customers including regional school districts, hospitals & surgery centers, corporations, malls, non-profits, and the private sector. Attention to detail and exceptional service offerings have led to a loyal, repeat customer base throughout the Dallas-Fort Worth Metroplex. Many of the company’s larger clients have given the business a preferred supplier status and have entered into long-term purchasing agreements.

The business is in an area of Texas experiencing extensive and sustained population growth, driving future sales and, with it, sustained profits. With projected sales of over $439,000 for 2024, the company will have grown its sales by over $135,000 since 2020, representing a compounded annual growth rate (CAGR) of nearly 9.4% annually. Additionally, the company benefits from an extensive list of valuable vendor relationships which allow it to offer its exceptional service offerings at competitive pricing. The business operates out of a 3,300 sq. ft. facility which has been segregated into retail/sales and production areas and also allows for plenty of on-site parking. The business boasts an extensive collection of production equipment which allows it to produce nearly all its products internally. The business is staffed by the owners along with several production/design staff members who have all been crossed-trained on most of the production equipment in the shop.


DETAILED INFORMATION
Location
Tarrant County, TX
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,300
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
3,300 sq. ft. showroom and production facility with ample parking.
Competition
Competitive space, but business maintains a comprehesive list of customers who have used the business services for years. Preferred vendor for multiple school districts and hospital networks.
Growth & Expansion
o Increased focus on marketing, outreach, and web presence. ? Increase Print Media Outreach – direct mail, post cards, post cards. ? Social Media Campaigns -Facebook, Twitter, Instagram, LinkedIn, Pinterest. ? Other – website coupons, local radio, telemarketing. o Hire sales personnel to drive additional sales and support customer growth.
Support & Training
Up three months training buy seller
Reason for Selling
Pursue other business opportunity
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Geoff
Warrell
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Geoff Warrell