MergerPlace

Screenprint and Embroidery Company

Minnesota


  • Asking Price: $725,000
  • Gross Income: $631,984
  • Cash Flow: $133,965
  • Real Estate: $275,000
  • Inventory: $22,000
  • FF&E: $372,056
  • Listing ID: #202665
  • Established: 2012
  • Employees: 7 FT/3 PT

Business Description

Business performs both screen-printing and embroidery services for both local and commercial customers. Large consistent customer base which includes many promotional and advertising companies has resulted in continuous growth. Accounts are in place and orders taken daily. Extensive art files make it easier to offer customers a large variety of creative options. Equipment is set up to handle small to very large orders.


Business Details

Primary Business Category: Manufacturing - Apparel
Location: Minnesota

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT/3 PT

Financial Information

Asking Price: $725,000
Gross Revenue: $631,984
Cash Flow: $133,965
FF&E: $372,056
Inventory: $22,000
Real Estate: $275,000
Seller Financing Available: No

Property Information

Facilities:

Located 40 minutes north of the Twin Cities on .69 acres of commercial property, the 5984 sq. ft. building has plenty of room for increased sales potential. Three rear garage doors, one side garage door and large parking lot create easy access for all deliveries. Site is next to busy highway with great visibility. Price includes $450K for business and $275K for building property.

Growth & expansion opportunities:

Business has enjoyed consistent growth over the last three years. Commercial customer base is strong but opportunities for additional growth are available at increased retail presence and online sales.

Competition:

No local competition, business enjoys a well earned reputation for quality and service.

Reason for selling:

Owner is retiring.

Support & Training:

Will train for 4 weeks @ no cost. Screen-prints requested items onto many different types of clothing. Has equipment to handle up to 12 different color combinations. Computerized embroidery services allows endless creativity for customers. No licenses are required to operate business.

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Business Listed By:

Dennis Knapp

Murphy Business Brokers