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- RE: Established 23 Year Embroidery Shop For Sale
- Contact: Joseph Kim
- License #: 567204
Quick Facts
Asking Price: | $330,000 | |
Annual Revenue: | $379,908 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $115,259 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2001 | |
Employees: | 1 | |
BBN Listing #: | 950578 | |
Broker Reference #: | #001372 |
Business Overview:
Independent Embroidery Company established for over two decades with a great customer base is available for acquisition. This business was established in 2001 by the current owner and has built a loyal clientele by providing high-quality service. This business occupies approximately 3,000 square feet of office/warehouse space with only $20,400 in YEARLY RENT while serving the greater Dallas and suburbs nearby. The current customer base includes public schools, fire departments, police departments, municipalities, and small businesses that have built a relationship with this business for 10 to 15 years. The business currently lacks a sales team that can expand sales with its current customer base and acquire additional accounts such as schools and universities with uniform programs. With the addition of a sales team, additional technicians could be hired as the current facility is only utilizing 30 to 40% of its full capacity.
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Property Features and Assets:
This business occupies square feet of office/warehouse space with only $20,400 in YEARLY RENT while serving the greater Dallas and suburbs nearby. / Inventory: $9,000 (Included in listed price).
Market Competition and Expansion:
Competition: There are competitors but this business has been established for over 20 years with loyal customers of 10 to 16 years such as police departments, fire departments, and public schools. / Growth and Expansion: Hiring a sales team to acquire more accounts and expanding existing customer sales will help grow the business. Targeting additional schools and universities with uniform programs will also provide plenty of room for growth, as only 30 to 40% of the facility is currently fully utilized.
Reason for Selling:
Other OpportunitiesAdditional 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
Documents:
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