Printing & Promotional Products Business in Boston Metro Area
This is a terrific opportunity to own a high profit digital printing and promotional products business. Over the past 4 years, sales have averaged $2,375,000 and owner’s cash flow has averaged $832,000. The business has achieved these results by offering great customer service and avoiding competitive bid contracts. The use of outside vendors has also enhanced profits while reducing the need for employees. The business is only open from Monday to Friday.
The business has a large and diversified customer base. In the most recent year, the top 3 customers totaled only 18% of sales. The customers are diversified with the business not highly dependent on the economy. The primary market area for the company is the greater Boston metro area. The company does not have an outside salesman. Revenues come from many repeat customers and effective internet marketing.
About 40% of revenues come from brokered sales. The business is a member of ASI. However, the business has up-to-date equipment with the capabilities to produce much in-house. Digital printing represents about 55% of sales with promotional products being the second largest product area. Additional sales come from being a full-service mail shop, large format printing, blueprints, and other products.
The business has minimal working capital needs. There should be at least $150,000 in cash and accounts receivable average between $100,000 and $200,000.