Listing Number: 5182-482843
Description
This trophy and award business has been serving East Tennessee's schools, youth sport leagues, universities and businesses for four decades, and boasts a 4.9 Google Review rating thanks to excellent customer service and a commitment to going the extra mile for their clients.
After buying the business, the owners immediately invested considerable time and effort into implementing technology upgrades - digitizing records and the ordering process, building an e-commerce platform and optimizing SEO.
The current owners operate this business - one in store and one at home - and will need to be replaced by any buyer. A two-person operation would allow for a substantial expansion of production volume. The owners believe significant growth can be achieved by more investment into digital advertising.
THIS BUSINESS IS A GOOD FIT FOR YOU IF:
- You want a family-friendly business - the flexibility of business ownership allows the current owners to work together, and find work-life balance with their kids
- You want a business that is built to grow - the technology investments made by the owners are already paying off. SDE has grown each year they've owned the business, and jumped by a whopping 47.5% from 2022 to 2023.
- You want a recession-resistant business - the current owners bought the business during the peak of the Covid-19 pandemic and have weathered the uncertainty of supply chain issues and rising inflation and shown increases in sales and profit each year.
Listing Details
- Price: $130,000
- Down Payment: $130,000
- Sellers Discretionary Earnings: $54,618
- Total Sales: $158,494
- Location: Knox County, Tennessee
- Inventory: $15,000
- FF&E: $10,000
- Employees:
- Year Established: 1984
- Reason for Selling: Relocation
- Category: Awards/Prizes
