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- RE: Established Ohio Engraving Business
- Contact: Brian Adolph
Quick Facts
Asking Price: | $160,000 | |
Annual Revenue: | $135,108 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $70,022 | |
Total Debt: | Not Disclosed | |
FF&E: | $56,695 | |
Real Estate: | Not Disclosed | |
Year Established: | 1977 | |
Employees: | 3 | |
BBN Listing #: | 83063924 | |
Broker Reference #: | 022822-341644 |
Business Overview:
Established Ohio Engraving Business with 49 Years of Excellence!Business Highlights:
Impeccable Community Reputation: Over the past five decades, this engraving business has built an outstanding reputation for its exceptional craftsmanship and unparalleled customer service. They have become the go-to destination for businesses, organizations, and individuals seeking top-quality engraving services in the area.
Consistent Revenue: The business has consistently generated strong revenues year after year, demonstrating its stability and profitability. With a diverse customer base and a robust referral network, the revenue stream is expected to remain consistent and even grow in the future.
Trophy, Plaque, and Custom Engraving: The business specializes in a wide range of engraving services, catering to both large and small orders. From trophies and plaques to customized engravings on gifts, and corporate items, they possess the expertise and state-of-the-art equipment necessary to handle any engraving request with precision and care.
Future of the Engraving Market:
The engraving industry has a promising future, driven by various factors that continue to fuel demand. Personalized and customized products are gaining significant popularity across different sectors, including corporate gifting, awards and recognition, and personalization of consumer goods. This presents immense growth opportunities for the market, and this business is strategically positioned to capitalize on these trends.
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Property Features and Assets:
Monthly Rent: $1,000.00 Square Units (Foot, Meter): 2,080 FF&E Overview: Shop equipment, customer engraving equipment, storage and display fixtures.Market Competition and Expansion:
The business has been successful without any advertising. There has also been some market consolidation as three of this company's fiercest competitors have closed due to retirement rather than selling, thus creating more local market penetration potential than ever before.Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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