Retail Trophy Co. Nets $184,000-

Asking Price$395,000

Cash Flow
$184,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$827,940

Inventory$5,000
Included in asking price
FF&E$79,000
Included in asking price
Retail Trophy Co.Save

Retail Trophy Co. Nets $184,000-


Asking Price$395,000

Cash Flow
$184,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$827,940

Inventory$5,000
Included in asking price
FF&E$79,000
Included in asking price

Seller Financing Available
Business Description
Owner retiring for this long-established retail trophy company with a previous gross income of $827,940 and a net yearly income of $184,000 based on an onsite owner operator. The company has relationships with sports clubs, schools, retail, and non-retail companies. They offer plaques, trophies, medals, ribbons, acrylic awards, clocks, pens, name plates, banners, t-shirts, bowling balls, etc. A substantial amount of their business income represents resale orders to long-standing customers with continued relationships. The company also has an online Trophy & Awards menu available to its customers. Their locally owned business has provided their services to thousands of customers across the New Jersey metropolitan area. Their awards, gifts, and promotional items are all made from high-quality materials, and customized in house with engraving and sublimation capabilities. To meet the diverse needs of coaches, high schools, youth organizations, sports teams, academic leagues, tournaments, marathons, nonprofit organizations, and businesses, they maintain and have access to a huge inventory of awards and promotional products (both foreign and USA made). This is a dependable safe business opportunity. The yearly 2023 gross income represented by the seller owner is $827,940, and the business has a yearly net income of approximately $184,000 based on an onsite owner operator and prior to any debt service. The 2024 gross income is projected to be equal to previous year, and formal due diligence is recommended by the purchaser. The business fixed assets have an estimated value of approximately $79,000 which is based on the original equipment and licensing buildout & replacement cost in addition to the multiple of the existing net yearly income. This transaction consists of a fully equipped commercial retail store, which includes, required licenses, web site, social media venues, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request. For Qualifications purposes, this business opportunity industry does not require government licensing approval to purchase or operate, other than the standard required municipal licenses.
About the Business
Years in Operation
39
Employees
6
Facilities & Assets
This successful retail facility, which consists of approximately 1,900 square feet, has a casual professional appearance. The business is on an active commercial avenue with various other successful businesses. This opportunity is in Northern New Jersey, Essex County, which consists of various highly populated communities with continued demand for this industry.
Market Outlook / Competition
To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Opportunities for Growth
The business can be further expanded by the new operator, presently has a limited marketing plan, no local advertising, poor web site and if improved can further develop the business yearly gross sales.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,800
Rent
$2,000.00 per month
Lease Expiration
10/1/2035
About the Sale
Seller Motivation
The owner has elected to retire after many years in this industry.
Transition Support
The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.
Financing Options
Also, SBA and seller financing has been conditionally approved to a qualified buyer w
Listing Info
ID
2295572
Listing Views
859

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Business Listed by: Ron Cervelli Regal Consulting Corp.

Listing ID: 2295572 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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