Money Making Concern on a Part Time Basis.
| Asking Price: | $750,000 |
| Gross Revenue: | $1,287,550 |
| Rent: | $2,000 |
| FF&E: | $13,308 |
| Cash Flow: | $53,413 |
| Inventory: | $42,095 |
| EBITDA: | $25,284 |
| Established Year: | 1998 |
Peterson Acquisitions has been retained as the exclusive financial advisor to explore suitors for the acquisition of this business.
Halfway through 2023 the business's net income in $200,000.
Included in sale will be the cash balance in the operating account, as of June 28th, $63,000.
The business provides clients with a cost savings on postage, faster delivery times, increased efficiency in the mailing process, and improved deliverability rates. The Company sorts and organizes direct mail and bulk mailings into groups based on zip code, which allows the USPS to process the mail more efficiently and reduces the amount of postage required. This can result in significant cost savings for businesses and organizations that regularly send out large volumes of mail.
The Company provides solutions for non-profits, small businesses, Realtors, doctors, clinics, dentists, county and government agencies. The Company benefits from 90% repeat business from dozens of long-standing clients.
Government mailings represent 11% of the business. Direct mail is 60% of revenue and first class mail accounts for the remaining 40%.
Busness markets their business via SEO, lead generation program, local business events and co-ops. Digital Omni Channel, a combination of multiple marketing services that support each other, has generated the highest ROI. Publications, media, and contracting with sale representatives has not proven successful.
An expert staff of 13 run the business. The first-class business lead has been with the Company for 18 years and is the only full-time employee. The remaining 12 team members have an average tenure of 1.5 years.
Originally established in 1998, the Seller purchased the business in 2022. He has taken his career in a different direction, which is a boon for the buyer. The sale includes $110,550 in assets, the prepaid postage on hand at settlement, a growth plan that includes adding digital marketing to the physical direct mail.
Average revenue was $1,218,215 from 2019 - 2022. This includes a 9% decrease in 2020 because of pandemic restrictions. The average Seller's Discretionary Earnings (SDE) for the same period was $161,642.
