Industry: Paper and Printing
Listing ID: 40730455
Listing Status: New
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. The owner's cash flow was $159,000 for 2022. For 2023, the business is showing a 17% increase in revenue. The business is a franchise and a new owner will need to take over the existing franchise agreement. The franchise provides training and support for a new owner with or without printing industry experience. The owner will also assist in training and transition as needed. For more information a signed non-disclosure plus a financial statement is required.
Down Payment: $32,000
Total Sales: $730,927
Cash Flow: $159,028
Accounts Receivable: 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
Absentee Owner: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: N/A
Type of Location: Downtown hi-rise
Square Footage: 2050
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.
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.
Can be purchased via SBA loan with 10% down and good credit score.
Reason For Sale: Retirement.
Training & Support: Franchise will provide training. Seller will also assist as necessary.
Franchise will provide training. Seller will also assist as necessary.
Owner Qualifications: Franchise will provide training even for a novice owner.
Franchise will provide training even for a novice owner.