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Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840
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| BUSINESS PROFILE |
| Trophy and Awards Recognition Business |
Location: Union County
Years Established: 17 Years
Under Present Owner: 17 Years
Gross Sales: $99,299 (2008 Quickbooks)
$96,841 (2009 Quickbooks)
Cash Flow: $59,255 (2008 Quickbooks)
$52,028 (2009 Quickbooks)
Inventory: $17,000
FF&E: $15,000
Number of Employees: Owner
Rent: $775
Lease Expiration: 6/01/2010
Asking Price: $159,000
Reason for Selling: Owner is relocating
This is a recession proof trophy and awards retail business which services the needs of schools, Boards of Education, municipalities, organizations and all types of sports leagues. With very low occupancy costs a large percentage of this dealer’s revenue goes directly to the owner’s cash flow. Net cash flow ranged from 54% to 59% of sales over the last four years.
Services include mechanical and laser engraving, sublimation, logo design and reproduction. Also provided is Metal Photo which is a type of chemical engraving.
With an addition of a sales person this business could grow above its present level. Adding a website and advertising could also help the growth of the business.
The hours of operation are Monday thru Friday, Saturday by appointment and closed on Sunday.
The owner will stay for a period of time to insure a smooth transition.