Lucrative North Texas Awards, Sign, Apparel, and Promotional Products Business with Real Estate
Listing: #FW00025Geoff Warrell
Broker | Fort Worth
About this Business for sale in Dallas-Fort Worth
Lucrative North Texas Awards, Sign, Apparel, and Promotional Products Business with Real EstateReal Estate Included with Price
This company, based in North Texas, provides high quality and artistically designed awards, signs, apparel, and other promotional products. Other than a few items which are outsourced, the company designs and manufactures all its products on site in its 3,300 sq. ft. production facility. The business has a 27-year history of providing its clientele with top quality products cost-effectively. The business originally opened as a sign business in 1996 and acquired a local awards business in 1997 to complement its existing offerings. Services are provided to a variety of customers including regional school districts, hospitals & surgery centers, corporations, malls, non-profits, and the private sector. Attention to detail and exceptional service offerings have led to a loyal, repeat customer base throughout the Dallas-Fort Worth Metroplex. Many of the company’s larger clients have given the business a preferred supplier status and have entered into long-term purchasing agreements.
The business is in an area of Texas experiencing extensive and sustained population growth, driving future sales and, with it, sustained profits. With projected sales of over $449,000 for 2023, the company will have grown its sales by over $140,000 since 2020, representing a compounded annual growth rate (CAGR) of nearly 14% annually. Additionally, the company benefits from an extensive list of valuable vendor relationships which allow it to offer its exceptional service offerings at competitive pricing. The business operates out of a 3,300 sq. ft. facility which has been segregated into retail/sales and production areas and also allows for plenty of on-site parking. The business boasts an extensive collection of production equipment which allows it to produce nearly all its products internally. The business is staffed by the owners along with several production/design staff members who have all been crossed-trained on most of the production equipment in the shop.
The business has maintained positive profitability over its history. Additionally, the company’s variety of product offerings and the business mix of its customers has made the business relatively immune to downturns in the economy. Currently, the company reported Seller Discretionary Earnings (SDE) of $184,000 for 2022 and is projecting nearly $200,000 of SDE for 2023.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.