Price: $450,000
Location: Chicago
Industry: Paper and Printing
Listing ID: 40730455
Listing Status: Sold
This Chicago printing business has been around for over 35 years. They are a printing business serving a corporate clientele with the bulk of their business in marketing and mailing services. This business has everything going for it. It is strictly repeat business from a corporate clientele. Its a five day per week business (no Saturdays). And there is a competent manager in place who handles the day to day operations of the business. For 2023, the business showed a 14% increase in revenue. The owner's cash flow was over $250,000 for 2022. The owner will assist in training and transition as needed.
Down Payment: $45,000
Total Sales: $834,125
Cash Flow: $267,796
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: N/A
Year Established: 1985
Days & Hours of Operation: M-F 8:30-5:00
Owner Hours Per Week: 40
Lender Pre-Qualified: Yes
Non-Owner Payroll: N/A
Employees: 3
Managers: Yes, 1 manager.
Absentee Owner: No
Real Estate: N/A
Real Estate Included: No
Monthly Rent: N/A
Type of Location: Downtown hi-rise
Square Footage: 2050
Franchise: No
Relocatable: Yes
Facilities Information: Leased facilities 2050 sq ft@ $4800/mo in loop office building. Major equipment is all leased - copying, high speed color printing and mailing machines.
Terms and Conditions?: Can be purchased via SBA loan with 10% down and good credit score.
Reason For Sale: Retirement.