Description of the business for sale
Add on to your existing publishing empire or create a new empire with an almost no-cost entry point to take over an existing business. The business is a direct-mail advertising business serving Smalltown, USA . The company currently mails out six different covers totally over 140,000 pieces per month to communities that are located in Genesee, Lapeer and Oakland county. Each of the six titles are in designated territories that are managed by a Sales Associate. Each associated sells attractive high-quality ads to the small business owners at very competitive prices. Each territory produces a minimum of 16 pages worth of advertising and the bigger the book, the more profit. The business could be operated from home. The infrastructure to support the publications is currently in place which includes: an office, sales assistance, local support, forms including business cards, advertising contracts, an 800 number, graphic design, printing, mailing and distribution. The business, established over 15 years ago, has generated revenues in excess of $450K for the last several years. The initial investment to take over the business is $20K plus the assumption of an existing note with monthly payments of $3,300. This is a turn-key operation with a large established customer base, all equipment and inventory to run the business and even a receivables base to generate instant cash-flow. Once in a lifetime opportunity to get into a great business without investing significant money upfront.
Support / Training provided by seller
As required
Description of the facilities
ADDITIONAL FINANCIAL INFORMATION
•Financing: Assumption of an existing note
•FF&E: $6,000
REASONS FOR SELLING: expansion