Well Established Embroidery and gift boutique in San Antonio

San Antonio, TX
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Asking Price:$400,000
Gross Revenue:$607,138
Rent:$4,500/Month
Established Year:2012
Cash Flow:$120,000
Inventory:$120,000
FF&E:$75,000
BUSINESS DESCRIPTION

Over a decade of B2B and B2C service

This embroidery and gift boutique has served its commercial and retail customers for over a decade. They specialize in monogramming and personalization of garments, uniforms and other products. They also offer a wide range of unique and trendy gifts for women, children and men. In their retail boutique located in north central San Antonio they carry several territory-protected lines of products for sale. The business employs five part-time employees. The owner is looking to sell to focus on another venture at this time, and there are several opportunities for a new owner to grow the business.

The revenue in 2023 was $607k with a Seller’s Discretionary Earnings (SDE) of $119k. The asking price for the business assets is $400,000, plus inventory sold at cost.


DETAILED INFORMATION
Location
San Antonio, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,747
Lease Expiration
31/07/2025
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The boutique is strategically located in north central San Antonio in a busy shopping center off one of the major arteries with access from all directions. The space is 1,747 square feet with a monthly rent of $4,500/month. The lease expires in July of 2025 and can be extended by the new owner.
Competition
There are several shops that offer some form of embroidery services, but according to the seller they are not as versatile as the subject business. The territory protected merchandise also protects the business against any local competitors.
Growth & Expansion
There are several opportunities for growth, including updating the website and enabling online sales; expanding the corporate embroidery side of the business; add equipment to increase in-house production and sales.
Financing
Some seller financing may be available depending on the offer.
Support & Training
To ensure a smooth transition, the seller is willing to train the new buyer forone month included in the sale, and will be available per consultation agreement between the parties thereafter.
Reason for Selling
Owner wishes to focus on a new venture
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Stefan
Lagmark
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Stefan Lagmark