Screen Printing and Embroidery with Absentee Owner! (37847)

Seller Financing Available

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Asking Price:$298,000
Gross Revenue:$725,835
EBITDA:$40,424
Established Year:1984
Cash Flow:$75,000
Inventory:$46,000
FF&E:$11,000
BUSINESS DESCRIPTION

Sales stability primed for growth! This service provider specializing in screen printing and embroidery within a 12-county radius of its metroplex location. The primary product and services include screen printing and embroidery of monograms and logos. Their wide range of products and services for customers includes customizable safety vests, hats, jackets, t-shirts, and golf attire in a variety of colors, materials, and sizes. These apparel products can feature customizable company logos, employee names, official symbols, and phrases. Typically, these products are utilized by customers as company employee uniforms and for company advertising. Revenues are broken down with 53% Printing and 47% Embroidery. The 750 square-foot facility is leased from a third party and includes a storefront, warehouse, storage yard, and office space. The company has a proven track record with competitive pricing and a 2-week turnaround, supported by 38 years of ongoing business. While marketing efforts focus on targeting local businesses, governments and schools, there is an opportunity to capture a greater share of these markets. Larger orders are outsourced for improved profit margins. A manager is in place and 2 employees are like to remain post-sale. The seller is willing to facilitate a smooth transition by remaining for a standard period as needed. Last year, the total revenue was $725,835 with Seller’s Discretionary Earnings of $75,000. With a large customer base and great reviews, the company continues to attract new customers while maintaining its reputation.
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DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Leased
Building SF
750
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facility measuring 750+/- square feet is Leased. Business can be run Owner Absentee!
Financing
Negotiable up to 20% for the right buyer.
Support & Training
Willing to facilitate a smooth transition by remaining for a standard period.
Reason for Selling
Retirement
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Brian Stephens
IAG Merger
Brian Stephens