Listing Price: $375,000
Distributor to Schools, Sports Clubs & Corporations
Playbook Advisory has been engaged to sell the assets of an established, Promotional Product Distributor located in the Northern Chicago Suburbs. The Company has been delivering high quality, branded promotional products for over 10 years and shows no signs of slowing down. With its large recurring customer base from all different industries, the Company offers one of the best varieties of customizable products in the state.
The Company’s membership in the Advertising Specialty Institute allows it to partner with over 2,000 wholesale product manufacturers to give its customers the best branded promotional products on the market. It offers everything from branded pens, t-shirts, wall calendars, drinkware, custom awards, stickers, clocks and watches, and much more.
The Company works exclusively B2B and it has a very high customer retention rate. Most of its revenues come from returning customers and annual promotional events. The Seller currently works under 20 hours a week in the business and a new owner has an opportunity to raise the profile of the Company with an investment in marketing and sales.
Interested buyers are required to execute an electronic NDA and provide a LinkedIn profile or resume prior to the disclosure of the name and location of the Company.
Facilities:The Company operates out of a single 4,000 sq/ft facility that is leased by a third-party landlord. The office space is fully utilized by the business and operates efficiently.
Competition:The Company has several direct competitors in the form of other businesses in the same industry in the Greater Chicago area, mostly other mom and pop promotional companies. However, its competitors rarely have the variety of products and product volume that the Company boasts.
Growth & Expansion:A new owner could easily grow the business by implementing a marketing plan, expanding the Company’s social media presence, going to trade shows, and networking with its existing customers. The opportunities for growth are endless.
Support & Training:Mutually negotiated training and transition
Reason for Selling:Other business interests