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- RE: Custom Embroidery And Screen Printing Business
- Contact: Michael Metzger
Quick Facts
Asking Price: | $599,000 | |
Annual Revenue: | $789,712 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $216,475 | |
Total Debt: | Not Disclosed | |
FF&E: | $39,692 | |
Real Estate: | Not Disclosed | |
Year Established: | 1988 | |
Employees: | 5 | |
BBN Listing #: | 985743 | |
Broker Reference #: | 2006-18742 |
Business Overview:
For almost 40 years, this independent, locally owned company has worked with local businesses to create custom embroidered clothing, screen printing, and promotional materials to help grow their brand. A modern, state-of-the-art embroidery machine allows them to create detailed images on shirts, hats, towels and bags. Their intense focus on customer service has created a loyal base of return customers. The mix of business varies over time but is currently:
- 50% embroidery
- 25% screen print
- 25% promotional products
This non-contract embroidery shop has enjoyed steady growth in sales and earnings year over year. This is an excellent opportunity for a new owner, or an existing shop, to tap into a profitable, turnkey operation!
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Property Features and Assets:
This business is operated from an easily accessible 1,100 SF facility. Currently on a yearly lease, but anticipate landlord willing to issue new lease with longer term.
Assets = $42,409
Market Competition and Expansion:
While much custom embroidery has been shipped overseas and there is no shortage of online promotional companies, this company specializes in high-quality custom work for local small and mid-sized businesses. There are other local competitors, but few can provide the same quality services at a competitive price.
Additional growth could be achieved with a second shift and/or additional embroiderers, and by increasing the sales force.
Reason for Selling:
Owners are retiring.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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