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$585,000
Sold For
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$650,000
Revenue
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$216,635
Discretionary Earnings
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Yes
SBA Financing
A Custom Promotional Product manufacturer located in Orange County is available for purchase. The company manufactures custom promotional products for well-known Fortune 100 and major brands. Established in 2013 the company has an impressive customer list with its first client from 2013 still a customer today. The company has excellent CNC production equipment operated by a production staff of 3 full-time W2 employees. The Company generated $650,000 Sales 2020 and has $216,635 Discretionary Earnings. The Company is pre-qualified for SBA financing with a $64,500 Down Payment for qualified buyers. Offered at $585,000. The Company manufactures a wide range of custom creative promotional products that are specifically requested from well-known Brands and Fortune 100 companies for key marketing campaigns. The promotional products are one of a kind, custom-made, and unique to the specific Fortune 100 company brands. Consequently, the company does not compete with the typical promotional products companies, including China, or promotional products companies simply reselling standard products and imprinting logos on them.
Financial Summary
| Summary | 2021 | 2020 | 2019 | 2018 |
| Revenue | $650,000 | $620,637 | $457,399 | $737,269 |
| Cost of Goods Sold | $291,229 | $215,124 | $282,163 | $305,595 |
| Gross Margin | $358,771 | $405,513 | $175,236 | $431,674 |
| Operating Expenses | $302,403 | $306,084 | $226,193 | $359,157 |
| Net Profit | $56,368 | $99,429 | -$50,957 | $72,517 |
| EBITDA | ||||
| Owners Benefits | $160,267 | $111,086 | $83,142 | $127,122 |
| Discretionary Earnings | $216,635 | $210,515 | $32,185 | $199,639 |
Summary:
- $650,000 sales
- $216,635 Discretionary Earnings
- Offered at $585,000
- SBA financing available for qualified buyer
- $64,500 down payment with SBA Financing *
- Excellent books and records
*NOTE – The SBA is offering 3 months of no payments with loan forgiveness on the 3 months, plus no SBA guarantee fee (normally 3% of loan value) on new SBA loans through Sept 30th, 2021 or, while funding is available.
The company is known for its In-house design, engineering, prototyping capabilities, exclusive relationships with local and international materials suppliers with competitive pricing, taking on large and/or small scale projects plus affordability and accountability for design development and production.
Examples of some of the custom manufactured promotional products include:
- Logo LED-backlit lightboxes
- Influencer gift boxes & reveal kits (custom boxes, color printed)
- Custom Trade Show & Display tables and displays
- Laser engraved wood plaques and custom wood products
- Metal forged products such are airplanes, belt buckles, cars, logos, etc
- Custom wood and plastic boxes with color graphics – used as gifts and also reveal kits for influencers
Staff
- 3 employees, one Shop Supervisor, 2 production staff
Equipment
- 6 lasers
- 1 Digital Cutting Table
- 1 UV flatbed printer
- Compressor
- Hot Stamp/foil machine
- Pad Printer
- Spraybooth
- Office computers, printers, software
Buyer Skills and Requirements:
The owner is actively running this business and the buyer will have to be willing and capable of learning to run this business. This is not a passive owner business.
The Seller’s responsibilities include general management, sales, and quotes, and implementing the customer designs. Employees run the CNC equipment and production machines.
The Seller will provide training for 4 weeks/40 hours per week and in addition, will provide limited consulting after the initial training period as negotiated in the purchase agreement.
Reason for Selling:
The owner is taking some time off to travel and would like to find a qualified buyer to continue to successfully run and grow the business.
Down Payment and Working Capital Required:
The down payment and working capital required for this transaction is a minimum of $64,500 down payment with SBA financing, plus working capital. Financing details are in the Offering Memorandum (OM) provided after receipt of your NDA.