MergerPlace

Custom Apparel, Embroidery

Florida (Pinellas)


  • Asking Price: $445,000
  • Gross Income: $557,932
  • Cash Flow: $164,657
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $28,082
  • Listing ID: #216598
  • Established: 1985
  • Employees: 2 FT/ 1 PT

Business Description

Full service business offering custom decorated apparel and promotional products to the B2B market. 5-star rating on Google and an attractive website with vast array of products, available for custom branding with customer logos. Warehouse/office space with custom embroidery and screen printing operations. Products and clothing for everyone from; women and men, to infants and toddlers. Athletes to Executives, offering uniforms to outerwear. Company currently serves wide mix of customers; small and large businesses, schools, nonprofits, trade associations, event coordinators and government entities. The company maintains a low overhead; small staff with husband and wife owners, in business park location which helps maintain strong margins and minimizes risk.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Florida
County: Pinellas

Company Information

Year Established: 1985
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT/ 1 PT

Financial Information

Asking Price: $445,000
Gross Revenue: $557,932
Cash Flow: $164,657
FF&E: $28,082
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

Located in office building with warehouse flex-space on busy major highway. Plenty of work space for automatic and manual screen printing presses, natural gas dryer, embroidery machine and other equipment.

Growth & expansion opportunities:

This is not a franchise, so an owner can grow in multiple directions, such as new vertical markets with existing clients, or new service offerings. The clientele are: corporate, small business, education, charities, government entities and anyone hosting an event with a need for branded apparel or promotional items. The company has a database of over 2,600 clients and known prospects.

Competition:

The company maintains clients with repeat, frequently recurring business due to their customer service and quality control process for providing a superior product on-time, every time. When a charity is hosting an event, a government entity provides apparel with a logo as a uniform for employees, or business has a need for consistency of their corporate branding in their apparel or promotional marketing items; they prefer to work with a company that will ensure on-time delivery and reliable products. A small company like this can provide the customer service required to meet client needs and maintain client relationships. The company operates in the promotional products category, which, according to industry sources, is a $24B a year business category. While competition exists, servicing niche markets while maintaining a high degree of customer service is a competitive advantage for this company.

Reason for selling:

Owner to disclose.

Support & Training:

Will train for 4 weeks @ no cost. Complete selection of promotional products available through affiliation within a distributor network. Primary products are custom printed shirts and embroidered apparel. Apparel items are the higher revenue items and value is added through customization of customers logos and designs. All apparel decoration is done in-house. Basic business skills are required; marketing, production, inventory control, management and accounting. Extended training from the owner is available as needed. Company is a licensed vendor with national charities.

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Business Listed By:

Mark Purtee

Murphy Business Brokers