TROPHIES, AWARDS AND AD SPECIALTIES MANUFACTURE AND RETAIL

REVISED LOWER PRICE!!

Famous Sports & Convention Village

  (New York State – Central Adirondacks)

 Asking: $725,000 + inventory (est. $ 85,000)                Cash Flow: $ 204,000

THE BUSINESS: This 50 year old manufacturing and retailing firm is a full service awards and promotional products company. A “one stop shop”, it makes and profitably sells engraved trophies, awards, and logo screen printed or embroidered apparel. It offers virtually any kind of specifically marked ad specialty product that would give recognition in a souvenir, sports or convention environment. There is a straightforward manufacturing process in a modern factory with attractive retail space and modern computer operated and supported equipment. Well-established, it has a history of stable sales, growth potential, superior profitability, and is located in a world famous resort area that offers a variety of sports, recreational, cultural and congenial lifestyle activities.

WHY BUY? 

·        Highly profitable with stable sales and above average (30 %+) returns on sales – and 40%+ ROE.

·        Established in region and selected national markets

·        Easily learned techniques of manufacture

·        Marketing –website, trade shows, retail and repeat clients

·        Rent or buy attractive recently expanded “turnkey” facility

·        Latest in computer supported equipment

·        Availability of economical, trained, loyal staff

·        Expansion potential with existing clients and relationships.

·        Quality lifestyle in rural area with world famous amenities.

FACILITIES and EQUIPMENT: The 6000 square foot leased retail/factory building is modern and efficient,. There is a large high visibility retailing space, workroom space for trophy and award production, screen making and printing, and computer operated embroidery machines for logo production of apparel. It has ample warehouse space for materials and inventory. There are spacious administrative offices, and delivery van and trailer. The staff of six is highly productive, loyal and economic, with the ability to significantly increase output by overtime or added shifts.

OPPORTUNITY FOR GROWTH: Sellers are second-generation and have enjoyed higher sales in the past when they ranged farther a field for business and exclusive clients. A new owner with energy and imagination can fulfill opportunities that exist, and not change the basics of the business – a well equipped, basic and profitable activity in a resort and sports locale. Current sales are from unique a no-competition location in the region, a busy website, a few high volume clients amid a diversified trade, and repeat customers. A buyer can readily learn the processes and grow sales and profits via new products, intensified marketing in existing customer relationships and skillfully applied enthusiasm. Owner is willing to consider a sales relationship.

FINANCIAL: Assets include a lease (or alternatively purchase) of the modern building, equipment worth $ 300,000 and a current inventory estimated at $ 85,000. Moderate receivables   ($ 50k) and current payables ($ 50k) mean low working capital needs coupled with strong growing profitability that offers 17% ROTA and over 45% ROE.. Sales in 2007 were above $ 700,000 and EBITDO exceeded $ 275,000, and owner then diverted attention to selling an unrelated local business, and did not pursue sales related travel as hitherto. Recession reduced sales to under $ 500,000 in 2008 but profits remained above $ 223,000. Current FYE Sept 30 in 2009 had sales of $ 609,000 and EBITDO of over $ 200,000. Target is for $ 699,000 plus conservatively for 2010, with cash flow holding above $ 190,000 in this economically uncertain but recovery year. Assuming that there is continued renewed attention and economy returns. 

SUMMARY TERMS AND PRICE: This profitable light manufacturer/retailer is fairly offered for a new low price of $ 725,000 plus an estimated $ 85,000 display and ware inventory at cost. Bank money may be available for a qualified buyer with $ 200,000 to invest and some manufacturing or marketing experience. Seller will assist an orderly transition. Building is available for purchase.