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Vallejo, Solano County, California
Asking Price
$320,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Matt Weiler
Phone: Show phone number
Name
Matt Weiler
Phone
Show phone number
Posting ID:
291349
Attributes:
Absentee Run
Broker Cooperation
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CF : $ 100,000
This is a well-established direct mailing firm based out of Los Angeles County (California). Company has been owned and operated for 15 years with the assistance of 2 employee types, 2 full time drivers/warehouse operators (although there is presently only 1) and 1 part administrative assistant. Owner of the business has 28+ years of experience in the industry and is a great resource to those who want to develop a more in depth knowledge of the business and industry as a whole. Both employees are aware of the sale of the business and eager to stay on as long term employees if the opportunity presents itself. All work is completed by in house employees except a few outsourced items such as design and some printing. Revenue is generally a consistent $300,000 a year. Present owner estimates seller's discretionary earnings are approximately $100,000. Owner is willing to offer seller financing to the right buyer at 36 months and 3% interest per year on a promissory note. Down payment for this arrangement would be $75,000 minimum. Firm has a fully developed Web site and developed social media platform (Facebook, LinkedIn, Twitter) and very high online reviews. Check out their testimonials page! Firm has been at their present location since 2000 and has had the same phone number the entire time a great opportunity for repeat business from a well-established client base both locally and California and nationwide. Firm also boasts an approximate 25 solid client base, only one which makes up more than 10% of the current revenue. These are consistent loyal clients who themselves will provide referrals for more work. Owner is also involved in networking circles to obtain additional clients. After 15 years the owner has decided to move on to pursue her lifelong passion of caring for animals in a dog shelter she founded years ago. Local competition is somewhat limited since the company is so well established and provides a high quality specialized service. The firm is well known in the area. Books have only been prepared not audited or reviewed. Very clean and easy to follow bookkeeping! Solid history of profitable financials! This is a great small business, low barrier to entry and a real opportunity for the right buyer!
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