MergerPlace

NC Triad Screen Printing & Embroidering

North Carolina


  • Asking Price: $135,000
  • Gross Income: $324,451
  • Cash Flow: $59,379
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $56,009
  • Listing ID: #196887
  • Established: 2003
  • Employees: 1 FT/ 3 PT

Business Description

Custom screen printing and embroidering shop. Founded in 2003 and purchased by current owners in 2008. 2015 saw a jump in revenues as "Swag" budgets for organizations began to rebound. One facility, approximately 1,600 square feet. Currently operating at roughly 60% of capacity. Customer-driven and client-focused attitude has created a very large customer base. Customer-driven and client-focused attitude has created a very broad customer base -- whereby the top ten customers represent less than 25% of revenues.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: North Carolina

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT/ 3 PT

Financial Information

Asking Price: $135,000
Gross Revenue: $324,451
Cash Flow: $59,379
FF&E: $56,009
Inventory: $5,000
Seller Financing Available: Yes

Property Information

Facilities:

The facility is leased and is very near to a downtown setting. Approximately 1,600 square feet of Retail / Manufacturing. Store front offers merchandise displays for walk-in purchases on a heavily trafficked street that has excellent visibility and access.

Growth & expansion opportunities:

Implementation of a Sales and Marketing plan could add significant growth (including social media, mailers, old-fashioned cold calling, and networking). Additional Product Lines - promotional items (pens, caps, trinkets of all kinds), signage, vinyl products, becoming a local presence for some of the national players if possible, become certified MBE, WBE or DBE (minority, women or disabled business enterprise).

Reason for selling:

Health / Retirement. The owners (a married couple) have owned and operated this popular screen printing / embroidering company for over eight years. One spouse and one child have recently endured serious health issues. Additionally, they are on the verge of being empty-nesters and it is time for them to fly as well. It has always been the owners' plan to sell the business when their children graduated.

Support & Training:

Will train for 4 weeks @ no cost. There are no special licenses required to be in this business. Learning to operate the machinery will be critical. An artistic eye is a benefit. Good people skills are requisite. The ability to become familiar with Adobe Suite, primarily Illustrator and Photoshop and Vector Art is a must in this industry. It is a big benefit to belong to ASI trade association (Advertising Specialty Institute).

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Business Listed By:

Rob Melhem

Murphy Business Brokers