MergerPlace

26 Yr. Old Embroidery in East Broward

Florida (Broward)


  • Asking Price: $405,000
  • Gross Income: $975,898
  • Cash Flow: $154,589
  • Real Estate: Not Disclosed
  • Inventory: $6,000
  • FF&E: $110,000
  • Listing ID: #200073
  • Established: 1991
  • Employees: 6 FT/4 PT

Business Description

This 26 year old Embroidery, Screen Printing & Promotional Products company is very hard to find. The longevity in the business, the location, the low rent, the same original owner and the contracts with the US Navy are just some of the key success points to be considered. Its sales people are permitted to step aboard the navy ships and sell promotional products. Other customers include businesses and retail establishments. Excellent books and records. This a well-oiled machine that runs very well and has been consistent for three decades. The company offers a wide assortment of unique and high quality promotional gifts that your customers or prospective customers will appreciate. The company has an extensive online product catalog and friendly customer service agents. All their promotional gifts can be custom imprinted or laser engraved with your business information, company logo or marketing message and are backed by the company's risk-free 100% satisfaction guarantee. The new owner may consider increasing the B2B side of the business, so advertising knowledge and a go-getter attitude are considered a plus. Either embroidery experience or marketing background are a plus. Seller will hold a note of $75,000 for 5 years at 6% to a qualified buyers. Lender pre-qualified. Business should qualify for Visa.


Business Details

Primary Business Category: Services - Business
Location: Florida
County: Broward

Company Information

Year Established: 1991
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 6 FT/4 PT

Financial Information

Asking Price: $405,000
Gross Revenue: $975,898
Cash Flow: $154,589
FF&E: $110,000
Inventory: $6,000
Seller Financing Available: Yes

Property Information

Facilities:

The business is housed in a commercial building, which is owned by the seller. There are other businesses in the building which pay rent to the seller. The building is not included in the sale and the owner will consider a long term lease with favorable terms.

Growth & expansion opportunities:

The potential for growth is immense given that there are close to 250,000 small businesses in Broward County alone. The company wants to increase the share of that huge market. New owner can also solicit other government agencies and use the Navy contracts as a selling tool.

Competition:

While there are other screen printing and embroidery companies out there, you will be hard pressed to find one that has the longevity and the US Navy contracts like this great company.

Reason for selling:

Thinking about retirement.

Support & Training:

Will train for 3 weeks @ no cost. The company provides their customers with high quality custom screen printed and embroidered apparel and over 500,000 promotional products/advertising specialty items. No special licenses are required and advertising skills to take the business to the next level while not required will be considered a plus.

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Business Listed By:

Anton Joro

Murphy Business Brokers