Business For Sale Listing 157640
Fast Growing Advertising Products Manufacturer
Status as of Jan-7-2009 at 05:59 PM: Active
Business Summary
Sales and profits are growing for this well established manufacturer.
Established in 1997, the company operates as a supplier in the $16 billion ad specialties market.
Sales are growing at over 20% yearly at present, and the company operates in a relatively recession proof sector. Profits show a solid pattern of growth with attractive gross margins.
In the quarter ending Dec 31, 2008 sales are up over 20% with a higher operating profit as well. The company has a well earned repuation for quality and service, serving promotional product distributors, commercial printers, print brokers, and marketing companies across Canada and in USA. As well the company produces calendars for the health market where a repeat sales are over 80%. Customer base is broad with largest cusomer being 5% of sales, and bad debts are less than 0.2%. The core products are refrigerator magnets, plastic cards, calendars, and other specialized printed products. Printing is done digitally with modern leased equipment. Offset printing is outsourced.
In addition the company has world-wide patents pending on a new award-winning product that has a market of over $100 million. The purchaser will be able to secure a license for its manufacture and sale.
The business operates in a leased premises (expires October 2009), within an area of 3,000 sq. ft and 6 full-time staff. It is fully relocatable and could be an attractive addition to an existing business or managed independently.
The company has a strong web presence and operates 4 websites, each geared to a specific product line or market
The reason for sale is retirement, and the present owner is prepared to be available for a transition period.
Contact by email to find out more about this unique business.
Categories
Industry
Location
| Classification: |
Canada // Ontario |
| Location: |
Mississauga, Ontario, Canada |
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1.1 million) |
| Profits: |
Between $100 Thousand and $500 Thousand (Cash Flow $230,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Fiscal Year: |
Sept 30 |
| Asking Price: |
Between $500 Thousand and $1 Million ($825,000) |
