Printing & Sign Company - West Houston
This is a commercial printing and sign company that has consistently provided quality brochures, business cards & stationary. They also make all types of signs for small and large businesses including international corporations. Their clients include publishers, law offices, photography and recording studios, banks, real estate brokerage firms, engineering & construction firms, airlines, and telecommunications networks. The company uses the latest digital technology, equipment, and software. The business is operated from a free standing building owned by the seller of the business wherein the property will be leased to a new owner of the business. Experienced employees will stay, and the owner will train and finance as needed.
Background information
Reference:
82360
Year established:
1985
Reason selling:
Needs more time for expanding his real estate & publishing businesses
Finance
Sales:
$308,000
Profits:
$105,520
Profit type:
Discretionary Earnings
Operations
Employees:
Office Manager 16 Years @ $550 per week, Binderyman 12 years @ $13 per hour, and a graphic design person 4 yrs. @ 12 per hour.
Equipment:
See list in file
Inventory:
$10,000 paper and inks
Premises
Facility:
This is a 7,228 sq. ft. free standing building. The owner of the business also owns the real estate and he plans using approximately 1,228 sq. ft. to operate his publishing and real estate business.
Square footage:
6,000
Rent and lease terms:
New lease for 3 years at $2,995 p/m + 3 net Charges, with 3 year option at the then market rate.
Location:
West Houston near I-10 and Sam Houston Toll Road.
Price and terms
Price:
$150,000
Down payment:
$90,000
Financing:
$90,000 Cash Down, $60,000, Seller Note payable over 5 years at 6% interest = $1,159.97 P/M.
Training:
As needed