Profitable Well Established Opportunity in the Awards Industry
Asking Price: | $600,000 |
Gross Revenue: | $700,000 |
Rent: | $8,000/Month |
Established Year: | 1999 |
Cash Flow: | $150,000 |
Inventory: | $40,000 |
FF&E: | $175,000 |
We are pleased to offer for sale a highly successful and well-established trophy and awards business, a leader in the greater San Antonio area with a reputation for exceptional quality and service. This business has grown consistently over 25 years, serving a diverse clientele that ranges from local schools and sports teams to corporate clients. With robust operations, a loyal customer base, and significant growth potential, this is a fantastic opportunity for someone to take the business to its next stage. Founder and owner is looking to retire after fruitful run but is open to part-time employment to ensure a smooth transition if buyer is interested.
The business has grown revenue at an average of over 25% over the last three years and has proven to be a very strong and consistent growing business over many years while generating significant cash flow.
Given its position as a franchise of the marquee Trophy and Awards chain, the business benefits from exclusive awards not available anywhere else, special negotiated discounts with major suppliers, and more leading to a differentiated offering to customers. Additionally, by purchasing this business, new owner avoids paying over $275,0000 to start a new franchise between the licensing fee and startup costs.
The business is well-regarded for its high-quality products and excellent customer service. It has established long-term relationships with schools, local government agencies, sports leagues, and businesses, ensuring a steady stream of repeat business and referrals. Our reputation for reliability and creativity has positioned us as a go-to provider in the region.
The business is supported by a team of ~8 people to handle all processes from sales, production and engraving. The business has a loyal employee base and ability to attract new employees as needed given the ability to quickly train people.
The founder & current owner oversees daily operations, with a focus on ensuring high-quality service and efficient workflow.
The core offerings of the business include:
1. Custom Trophies and Awards: Specializing in a wide range of customizable trophies, plaques, and awards for various events and achievements. This includes sports trophies, corporate awards, academic honors, and more.
2. Corporate Awards: Tailored solutions for corporate clients, including acrylic, glass and crystal custom awards for employee recognition programs, annual events, and more.
3. Plaques, Medals & Ribbons: A variety of plaque designs, medals and ribbons options for recognition and commemoration.
4. Promotional Items: A selection of branded promotional products that can be customized with company logos and messages.
The owner is looking to retire after operating the business for 25 years. She is seeking a new owner who can continue to build on the strong foundation of the business while keeping her longtime clients happy. The sale offers an opportunity for someone with a passion for the industry to take over a successful operation with significant growth potential
Sale Terms and Price
The business is being offered for sale at $600,000, which implies ~1.0x Revenue and ~4.0x Income Available to Owner. Sale also includes:
- All Equipment: Complete set of production & engraving machines, relevant computers and supporting equipment
- Required working capital & existing inventory: Complete set of inventory of trophies, plaques, medals, and other products & required working capital to support business
- Customer Lists and Contracts: Comprehensive client database and existing contracts.
- Goodwill: The established reputation and brand value of the business.
- Training and Transition Support: The current owner will provide training and support during the transition period to ensure a smooth handover (to be negotiated)
We invite serious buyers to explore this exciting opportunity to acquire a thriving trophy and awards business with a strong market presence and significant growth potential.
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