Outstanding Commercial Printing Company For Sale

FEBRUARY 04, 2025

It’s been a great 30 year run for the owner of this outstanding printing company with a proven record of success. The seller is now ready to retire and spend more time with his family.

Located in a desirable West Michigan community, the business has served the local area for over 77 years. In addition to commercial printing, the company also has a weekly advertising publication which provides diversity to its revenue stream. Sales from printing comprise approximately 60 % of revenue while advertising adds another 40 %. This is a family-owned printing company specializing in sheet and web offset along with digital in-house printing capabilities. The business also offers in-house design, print, and mail services along with a dedicated team of experienced professionals. The company prioritizes quality, customer satisfaction, and timely deliveries.

An outstanding website attracts customers and makes it easy for them to obtain estimates and place orders.

Due to its long-term customer relationships and existing publication business, the company is poised for continued growth. A diversified customer base has no client comprising more than 20% of total sales. With few competitors in the area, an increased focus on Marketing and the addition of a fulltime sales rep could easily result in an increase in revenue.

The single shift operation has 11 loyal, skilled and long-term employees. The current owner handles most general manager duties.

The operation is run out of a 15,000 sq ft facility and all equipment is in good working condition. The owner is willing to offer a favorable lease or sell the real estate if desired by the buyer.

Now for the good part. Despite minimal marketing effort, the company has maintained average annual revenue close to $1,350,000 with an impressive SDE of $218,000. With a fiscal year ending on June 30, the company is once again forecasted to meet cash flow projections for FY25. The valuation has a favorable SDE multiple of 3x, making the business is attractively priced at $ 650,000. The seller envisions an asset sale in which he retains cash and the minimal A/R while retiring all liabilities. For a qualified buyer the seller will carry a meaningful note.

A typical deal for the purchase of the business looks great with $ 65,000 (10% of purchase price) buyer cash, a $ 65,000 matching seller note, and the balance financed by an SBA loan. Total annual debt service would be approx. $ 85,000 which would result in an average post-debt discretionary cash flow for the buyer of $ 130,000 annually for the past 3 years.

If you are searching for a successful cash flowing business with minimal competition that is located in West Michigan, this business represents a great opportunity. For more information on this listing please contact Steve Huntley at 616 902 0898 or shuntley@praxisbusinessbrokers.com

Asking: $650,000
Cash flow: $218,000
Gross: $1,350,000
Reference ID SH2425
Location(s): West Michigan
Categories: Printing

Contact information

Steve Huntley
shuntley@praxisbusinessbrokers.com
616 902 0898