MergerPlace

Very Profitable Apparel Retail

Florida (Collier)


  • Asking Price: $280,000
  • Gross Income: $569,031
  • Cash Flow: $138,177
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: $48,000
  • Listing ID: #213804
  • Established: 2005
  • Employees: 2 FT / 2 PT

Business Description

Looking for a business in beautiful Naples? Leading franchise in decorated apparel, uniforms and promotional products. Successful operation established in 2005. Great database of clients with solid and repeat business. Great support by franchise headquarter through technology updates and constant training. The franchise recently re-branded, now offering more sources of revenues to the franchisee. The business is conveniently located. Great positioning in Google and excellent reviews. Excellent opportunity for someone looking for a solid business opportunity. Price includes $29,500 franchise transfer fee, which includes 2 weeks training at corporate office.


Business Details

Primary Business Category: Services - Professional, Scientific and Technical
Location: Florida
County: Collier

Company Information

Year Established: 2005
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 2 FT / 2 PT

Financial Information

Asking Price: $280,000
Gross Revenue: $569,031
Cash Flow: $138,177
FF&E: $48,000
Inventory: $500
Seller Financing Available: Yes

Property Information

Facilities:

Business located in an open strip mall. Rent is $3,500 including CAM. The lease expires in June 30, 2023. 1 x 5 year option to renew. $3,500 of security deposit.

Growth & expansion opportunities:

The franchise recently re-branded itself with the objective of offering additional products and services. With this rebranding they also incorporated several technology updates. This by itself should allow the company to grow. Great, open demographic territory for growth. Great upside in e-commerce.

Competition:

Some mom and pop businesses that compete. However being an established franchise and having been this business established in the area for so many years it gives it a competitive advantage. None of the other small businesses offer such a variety of products and services in a one stop.

Reason for selling:

New venture.

Support & Training:

Will train for 2 weeks @ no cost General management skills. The franchise will provide a comprehensive and continuous training. Products and services include: branded apparels, awards and incentive programs, e-commerce company stores, event marketing, promotional products, global sourcing, graphic and art design services.

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Business Listed By:

Andy Fischer

Murphy Business Brokers