RETAIL TROPHY COMPANY. RETL461

Price: $349,900

Location: Essex County, New Jersey

Industry: Retail

Listing ID: retl461

Long established retail trophy company with a previous gross income of $669,929 and a net yearly income of $160,238 based on an onsite owner operator. The company has relationships with sports clubs, schools, retail, and non-retail companies. They offer plaques, trophies, medals, ribbons, acrylic awards, clocks, pens, name plates, banners, t-shirts, bowling balls, etc. A substantial amount of their business income represents resale order to long standing customers with continued relationships. The company also has an online Trophy & Awards menu available to its customers. Their locally owned business has provided their services to thousands of customers across the New Jersey metropolitan area. Their awards, gifts, and promotional items are all made from high-quality materials, and customized in house with engraving and sublimation capabilities. To meet the diverse needs of coaches, high schools, youth organizations, sports teams, academic leagues, tournaments, marathons, nonprofit organizations, and businesses, they maintain and have access to a huge inventory of awards and promotional products (both foreign and USA made). This is a dependable safe business opportunity.

 

Listing Details

Revenue: $669,000

Cash Flow: $155,000

FFE: $95,000 (Included in Price)

Inventory: $10,000 (Included in Price)

Reason For Sale:

Owner retiring.

Training & Support:

The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.

Operation

Year Established: 1985

Owner Hours Per Week: Six day work week.

Employees: Five

Location

Security on Lease: Two Months

Lease Option: Yes additional options.

Monthly Rent: 3600

Type of Location: Commercial Avenue

Square Footage: 2,000

Relocatable?: Yes

Facilities Information:

This successful retail facility which consist of approximately 2,500 square feet have a modern professional appearance. The business is in a mid-size commercial mall with various other active and successful businesses. This opportunity is in Northern New Jersey, Essex County, which consists of various affluent and highly populated communities with continued demand for this industry.

Summary

Owner Qualifications:

For Qualifications purposes, this business opportunity industry does not require government licensing approval to purchase or operate, other than the standard required municipal licenses.

Competition:

To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

The business can be further expanded by the new operator, presently has a limited marketing plan, no local advertising, poor web site and if improved can further develop the business yearly gross sales.

Financing/Terms:

To be determined.

Ron Cervelli

contactus@regalconsultants.com

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