George & Company

Service Manufacturing Business #15680

Connecticut

 

Asking Price: $1.5 Million

2019 Sales: $2.2 Million- Profits $877K

2020 Sales: $1.1 Million- Profits $262K

2021 Sales: $1.7 Million - Profits $600K (projected)


Business Description

 

This company services the sales and marketing requirements for a broad range on industries. They specialize in Large Format Printing, Fabrication and Fixturing with a long history of loyal clientele. With historical net profits in the 30-40% range it’s one of the most profitable companies we’ve listed in sometime.  

 

Over the last several years business was impacted by the pandemic but as things are coming back so are the sales and profits.  Over the years the Sellers have done exceedingly well and would like to help someone younger take the helm and grow the company.

 

Brief Overview

 

  • Trained staff running most of the day-to-day operations 
  • Seller currently working part-time in the company 
  • Original Equipment book value exceeds $1.5 million
  • The business was closed for over 2 months in 2020
  • Growth of the company has been organic w/no outside sales activities
  • The Company could benefit from a Buyer with more energy 
  • A synergistic Buyer and/or a financial Buyer would be ideal

 

Detailed Information

 

Location: Connecticut

Date Established: 1975

Employees: 7

Facilities: The Company operates within a related ownership complex. The space is partitioned with several printing rooms, CNC manufacturing, lamination room, prep rooms, boxing and shipping, special projects and office space. A favorable lease will be offered.

Support & Training: One of the owners is willing to stay on for a year or more to help facilitate a smooth transition including employee retention, client retention and if appropriate new business development.

Financing: Seller open to financing up to 50% to an appropriate buyer

Reason For Selling: Retirement

Contact: Doug Pendleton

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  

 


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