Not your father's Awards and Engraving shop!

Award Business for Sale in Charleston. Sunbelt Business Brokers of Charleston

SOLD!

Gross Revenue $495,000 - Cash Flow $190,000 - Asking Price $492,000

Profitable Awards and Engraving business for sale. Great moneymaker! This business is in an industry dealing with generally happy people. They are either trying to do something nice for others, or are being rewarded themselves.

This business, opened and in the same location since 1993, has shown steady sales for 2 decades, including a 35% increase this year! With multiple ways to provide upscale graphics, the company specializes in high margin awards in crystal, glass, sculptures, acrylic, name badges, signage, awards plaques and bronze plaques. This is not the typical trophy store that concentrates on youth sport trophies (although there is certainly a market that can be explored further). Graphics systems include laser engraving, dye sublimation, mechanical engraving, sand etching and UV direct to sub straight printing. The reason for the business sale is that after over 25 years in the business, the owner would like to retire (since his wife is retiring).

Serving both wholesale and retail customers, growth opportunities are many. Some avenues of growth are by more robust internet advertising, membership with non-profit organizations, and expansion into the signage and promotional products markets that require much the same equipment as the awards industry. There is approximately $125,000 of hard assets included (between equipment, inventory and displays). The owner will offer 4 weeks of training and will entertain the idea of part time employment after that.

For more information, please call Mike Wilson at 843-693-2138.