Contact: Glen Toadvine
Email: [email protected]
Your Reference ID: GT100118
For 80 years this long-established commercial printer in Southern Michigan has developed a solid reputation throughout the region for high-quality work, excellent service and a wide array of critical business services including:
• Prepress and graphic design services
• Long-run sheet-fed offset printing
• Short-run digital printing
• Bindery and finishing services
• Storage, fulfillment, and drop-shipping
Equipment includes 40-inch off-set 6-color presses, digital printing, along with many pieces of binding and finishing equipment. Value in-place of the equipment is approximatly $400,000. In addition, the company just made a large investment in its software and prepress capabilities.
Customers consist of a wide variety large and small companies as well as nonprofit organizations and government entities that are all very loyal clients.
Typically, the company generates a revenue of about $1.0 million per year. Currently the plant has enough equipment in place to generate more than $2.0 million in sales with an expanded marketing effort.
The company has the ability to do short runs as well as high volume printing, binding, and finishing.
The business is located in southern Michigan in a purpose-built building of 18,000 square feet which could be expanded on the current lot. The real estate, owned by the seller, can be purchased in a separate transaction for $800,000 or rented under favorable lease terms of $75,000 annually.
Ideally the buyer would have industry experience, however, there is a strong workforce in place and the owner is willing to train the buyer for a reasonable period of time.
The business is value priced at $490,000 with a meaningful seller note available for qualified buyers. To learn more about this outstanding business opportunity, please contact Glen Toadvine (firstname.lastname@example.org).
Location(s): Southwest Michigan
Asking Price: $490,000
Cash Flow: $245,000