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| Well Established Los Angeles Print and Direct Mail Company | |
| Industry Description |
Direct Mail & Printing |
SIC |
7331 & 2752 |
| Days Open |
Year Established |
1970 |
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| Hours of Operation |
M - F |
Years Owned |
1970 |
| Full-time Employees |
24 |
Part-time Employees |
3 |
| Other Notes |
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| Hours/wk by Owner |
Two owners; 40 hrs each |
Owners Duties |
Mngt. Oversight |
| Skills / Licenses Req¹d |
n/a |
Training Offered / Cost |
During Escrow |
| Non-Compete Terms |
2 Yrs. / 50 Miles |
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| Exec. Summary |
Combination Print 60% / Direct Mail 40% business |
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| Lease / Bldg. Info. |
Sellers Own |
Monthly Rent |
$8,000 |
| Lease Commenced |
n/a |
Deposit |
TBD |
| Lease Expires |
TBD |
Term & Option |
TBD |
| Bldg./Area Description |
Urban |
Square Footage |
20,000 |
| Seats, Pkg, Zoning, etc. |
Large, gated parking lot / loading dock attached to building |
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| Reason for Sale |
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| Financial Summary |
Current Yr. Annual |
2003 / Owner to Prove |
2002 / Owner to Prove |
| Gross Revenue |
As 2003 |
$2,294,503 |
$2,129,175 ¹01 - $3.1ml |
| COGS |
$1,346,698 |
$1,398,980 |
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| Rent / CAM |
$96,000 |
$96,000 |
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| Payroll |
$218,075 |
$221,808 |
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| Net Profit (before tax) |
Reported $80k |
$36,478 |
($149,000) ¹01 - $52k |
| Discretionary Cash |
Improvement over ¹03! |
$251,626 |
$72,318 ¹01 - $313k |
| Expense Breakdown |
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| Included in Sale |
Assets |
Liabilities |
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| FF&E Included |
$300,000 |
Lease Obligations |
$0 |
| Inventory Included |
$6,000 |
Debt Included |
$0 |
| Other Assets Included |
Other Liabilities |
$0 |
|
| Working Capital (not incl) |
Return on Sale Price |
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| Asking Price |
$1,100,000 |
Owner Financing/Terms |
OWC $550,000; TBD |
| Earnest Money Dep. |
$50,000 |
Down Payment |
$550,000 |
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Opportunity Summary |
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Headline |
Well Established Printing / Direct Mail Firm |
| Summary |
This combination direct mail (40%) / printing (60%) company has been in business over 30 years. In 2003, the firm generated $2.3 ml in gross revenues, and $250k in discretionary cash flow. |
| Facilities / Assets |
The business operates out of a 25,000 square foot building (owner occupied, and potentially available for sale) with a negotiable monthly lease rate of $8,000. The sale includes approximately $300,000 in assets. |
| Competition |
While competition continues to grow in the traditional print industry, this firm enjoys the benefit of it¹s complimentary direct mail operation. |
| Growth Potential |
Many opportunities for expansion exist. |
| Other |
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