Manufacturer & Designer of Fine Plaques, with Real Estate Included

Financial Information

  • Asking Price: $479,000
  • Gross Revenue: $237,158
  • Cash Flow: $104,506
  • Down Payment: ON REQUEST
  • FF&E (Included): $160,000
  • Inventory: $21,500
  • Financing: Yes

Business Location

  • Macon
  • Franklin
  • North Carolina
Primary Business Category: All Other Miscellaneous Store Retailers (except Tobacco Stores)

This company manufactures Plaques mostly, some window decals and other miscellaneous items. There is a minimum order of 100 units for any order. Wood products tend to be the most expensive. Primary customers include Chamber of Commerce's, Trade Association & Affiliates or The Better Business Bureau. Note: There is a lot of repeat orders and many word of mouth referrals. Business is located in approximately 8,000 SF of manufacturing space and office. The real estate has an estimated fair market value of approximately $300,000 but there is no formal appraisal. It is in a prime commercial area close to downtown Franklin and consists of 2 stories. The upper level is street accessible with a loading dock. The lower level also has a loading dock. The owners have not pushed sales much in their older age. Hopefully this will show the potential for this business.


Support / Training Comments

Seller will negotiate a transition period


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1961
  • Franchise: No
  • Year Acquired: 1961
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $300,000
  • Real Estate Asking: $300,000
  • Fulltime Employees: N/A
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 8,000 sq ft
  • Monthly Rent: N/A

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Business Listed by

Sunbelt Charlotte

Contact: Bill Law
Office Phone: 704-897-8232
Mobile Phone: (704) 644-1141 Direct Line
Listing ID: CHARLNC001-N794

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.