Description
The 60+ year old company in the Fox Valley/NE Wisconsin is a well-established custom laser engraving business specializing in awards, trophies, plaques, and corporate recognition products on both the retail and wholesale levels. They have excellent customer retention as they have built a strong reputation for quality work, responsive service, and reliable turnaround times. Its customer base generates consistent, repeat demand tied to corporate events, academic programs, and seasonal recognition cycles. The workforce is stable with some employees being around for decades.
The reason for the sale is that the owner wants to decrease his workload. The owner has full-time employment outside of this business and currently works as a production worker 35 hours per week in his off-hours from his regular employment.
The 8000 sq foot facility could potentially house a complimentary business like printing, embroidery, screen printing, promotional products, etc.
The price breakout is $725,000 for real estate and $240,000 for the business. The unassigned stock inventory of at least $30,000 is included in the sale price.
Facilities & AssetsThe business is located in a metal building in an industial area. The building is on a little over 2 acres, has a loading dock, several overhead doors, seven offices, two bathrooms, and showroom.