Business for Sale

Ultimate Promotions Ltd.

usiness
1796 Depot Road Squamish Lower Mainland/Southwest Squamish-Lillooet
Retail / Wholesale
$195,000.00
 

HISTORY

Ultimate Promotions is a 13 year old online vendor of lapel pins, medals and promotional products. The company is based in Squamish, BC which is an hours drive north from Vancouver.

Owner Craig Davidiuk moved here in 2009 to position his company for success during the 2010 Vancouver Winter Olympics. It proved to be an excellent move and he generated several new clients from pre-olympic events and events at the venues. He also developed a strong following of education, sport, government and non-profit customers. The company flourished online and was always an early adopter of new trends and methods for online marketing. Sales grew into the 400k range within three years.

Within the first three years he purchased the phone number, customer lists and art assets from two local companies in decline, the Brush and Bobbin and Squamish T-shirts. This quickly established the company in the Sea to Sky Corridor as the leading local vendor of promotional products and clothing. His reach grew over the years to include a strong customer base in Vancouver and Victoria and other locales in BC.

In 2007, Craig met his wife Courtney and brought her into the company as Vice President. Courtney refined our Maximizer CRM based sales system and helped Craig transition into Marketing full time.

In 2012, Craig purchased the assets of 40 year old former manufacturer and online vendor named Juniper Emblems in Alberta. ( It was his family business ) The sale included the telephone line, art files and database and the company was moved to BC. Since that time the company has generated approximately 75% of its monthly sales from Juniper Emblems.

Prior to owning Ultimate Promotions, Craig Davidiuk worked for many years at his parents lapel pin factory Juniper Emblems, in Lacombe, Alberta in design, sales and marketing.

The Juniper Emblems name is a very strong brand in Alberta, BC, NWT, Yukon and Nunavut. These areas have 30+ year relationships with the owner and his family. The juniperemblems.com URL is is over 18 years URL is also included in the sale. We feel there is an opportunity to re-brand the company with the old name.

In 2013 we found a new Chinese based lapel pin factory that had an office in Canada. They changed the way we did business. They offer free shipping and duty for lapel pins and medals. This allowed us to obtain cost certainty and healthy margins since switching suppliers. (Previously we had an employee in Shanghai who would broker our orders.) Most pin orders offer a profit of 60% or more.

For other promotional products we use a number of tested and trusted suppliers in the US and Canada. Most promotional products offer a margin of 40%.



 

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Community Profile: Squamish

Lower Mainland/Southwest
Squamish-Lillooet

Squamish, BC is a vibrant, growing community nestled between oceans and mountains, mid-way between Vancouver and Whistler. The small-town setting, spectacular natural environment, and world class outdoor recreation make for a lifestyle few places can offer. Being ‘hardwired for adventure’, no other place offers so many world class outdoor recreation pursuits in such proximity

Statistics
Total Population 17,158
Median Household Income $72,751 ($CDN)
Closest Commercial Airport Vancouver International Airport (80km)
Closest Ocean Port Port Metro Vancouver (67km)
Closest Major Centre Vancouver (71km)
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