Consistent Results in Printing and Marketing Solutions (37728)
ManufacturingFor Sale in OH
Financial & Assets Details
About the Business
We provide quality graphic design, bindery, offset, color digital printing, direct mail and other commercial printing and marketing solutions to companies in several Midwestern states. For nearly five decades we have operated for the benefit of our clients in this ever-changing industry. As the number of competitors consolidated we sought to assume a bigger role in our clients’ overall communication strategies relative to other commercial printers by offering graphic design services and becoming more involved in our clients’ marketing programs such as direct mail campaigns. As a smaller printer with digital printing capabilities, we offer order flexibility, optimized stock handling, and minimization of time-to-market for printed content. By deepening our relationships with our clients, we have been able to survive difficult economic times and generate consistent results. For the five years ended December 31, 2019, our revenue was as high as $995,000 and as low as $876,000, a very tight range given industry conditions, and averaged $950,000. Similarly over that period our sellers’ discretionary earnings was as high as $185,000 and as low as $128,000, and averaged $166,000. Our SDE margin was as high as 18.7% and as low as 14.2%, and averaged 17.4%. The Covid-19 pandemic delayed corporate spending on messaging, and increased unemployment in 2020 cut consumer spending. For the year ended December 31, 2020, our revenue and SDE fell to $485,000 and approximately $0, respectively. When the pandemic started impacting our industry, we began the process for GSA certification as an investment in a new revenue stream. We expect our revenue and SDE to return to pre-pandemic levels in the near future and to benefit further from our GSA certification expected this year.
Negotiable up to 20% for the right buyer.
Property available for optional purchase outside of Asking Price!
Support & Training
Owner Transition period of 12 months.
Reason for Selling:
Approaching retirement and/or pursuing other interests.