Established Trophy & Screen-Printing Shop In Business Since 1975

Price: $79,900

Location: Hancock County Ohio

Industry: Trophy and Screen-Printing

Listing Category: Trophy Studios

Listing ID: 80126

This Established Trophy and Screen-Printing Shop has been in business since 1975  and has been proudly serving the Hancock County Area and Northwest Ohio for (46 Years) !!  The present owners have owned the business since 2003 and are now ready to retire.  The business has a great reputation and has established Long standing relationships with area schools, businesses, and the community which generates a large volume of repeat business.

The shop can customize a unique award, trophy, medal or plaque to suit any corporate  recognition, educational achievement or sports accomplishment.  They offer the following services:

Trophies and Awards:

They offer a complete line of Trophies. Figures are available for just about any sport or activity. Trophy bases are available in a variety of shapes with single or multiple columns in a variety of colors to meet your specific needs. Available base finishes are walnut, white, white marble, and black marble.

Engraving:

They offer the latest technology in laser engraving giving a professional look to plaques, acrylics, wood and marble.  With the versatility of the laser they can create a very special look for awards using the clients logo and a wide variety of type styles.

Silk Screen-Printing:

They offer quality custom shirts, sweatshirts, hats and more.  Their graphic artist can help create a unique design or work with a clients existing design or art work.

Embroidery:

They offer custom embroidery on shirts, hats, and jackets giving your company or organization a unique touch of class.

The owner works in the business (Monday-Friday Closed on Weekends) putting in approximately a 40 hour work week.  The business has one Part-Time employee that works 25-30 hours per week and is paid $15.50 per hour.

The business has Very Limited competition in the Hancock County Area and is the go to place for the surrounding Schools, Churches, and businesses in the area.

STRONG Consistent Business !  Backed with a GREAT Reputation !  Consistent Sales and Profits !

Listing Details

Total Sales: $186,859

Cash Flow: $64,808

Inventory: $4,000

Terms and Conditions?:

Seller May consider some financing to a qualified Buyer.

Reason For Sale:

Owner Retirement.

Training & Support:

Seller will provide training to ensure a smooth transition to a new owner.

Operation

Year Established: 1975

Year of Last Acquisition: 2003

Days & Hours of Operation: Monday-Friday 9:00am-5:00pm PRE COVID Closed Weekends

Owner Hours Per Week: 40

Employees: Full Time: 1 Part Time: 1

Location

Security on Lease: 2,000

Lease Option: Lease Expires June 30, 2022. Five (5) Year Option to Renew the Lease in place that will extend the term to June 2027.

Monthly Rent: 2,165

Type of Location: Strip Center

Square Footage: 2,712

Facilities Information:

The business is located in a strip center which is adjacent to a Very Busy Big box tenant.  The Total Monthly Rent is $2,165 with the Lease Expiring June 30, 2022. There is a Five (5) Year Option to Renew the Lease in place that will extend the term to June 2027. Additional years can be obtained to extend the term further.

Summary

Historical Summary:

2018 Sales: $294,083   Owner Profit: $84,944

2019 Sales: $295,088   Owner Profit: $104,058

2020 Sales: $186,859   Owner Profit: $64,808    Down Due to COVID

2021 YTD September Sales: 182,575   2021 YTD September Owner Profit: $68,096

 

Competition:

The business has Very Limited competition in the Hancock County Area and is the go to place for the surrounding Schools, Churches, and businesses in the area.

Afilliations