Office ID: #000468
Prime location embroidery shop that has been well-established for over a decade is available for acquisition. This business was originally established over a decade ago in 2004 by the current owner of the business and was later relocated to the current location in 2009. There are no true competitors within the immediate market area that can affect this business in any particular way. Most of the customers are from the several different populated residential neighborhoods within the city as well as the surrounding adjacent cities. Net sales average was $135,000/year that has been steadily growing during the last several years of operation without any active marketing done since establishment. Although this business has a personal website that allows customers to order online from, active marketing efforts is needed to generate more revenue and acquire a new batch of untapped customers. There are many active ways to market this business such as direct mailing, door to door sales, hire more staff, social media outlets, networking to school districts, and increasing corporate accounts through cold calling. Taking advantage of all the surrounding residential areas is crucial as this area is known to house many high-income individuals with an excess of disposable income. The types of products this business carries can range from name-brand backpacks, duffle bags, mats, lunch boxes, towels, aprons, toys, bottle pets, shopping cart covers, pillows, and an assortment of clothing. The business has operated very steadily since establishment and with a potential buyer proactive marketing this business while also expanding the staff will easily allow this business to generate much more cash flow.
This business is located in a 1,725 SF retail strip center surrounded by many nationwide retailers and densely populated residential neighborhoods.
Proactive marketing is needed to grow this business as there's no active marketing done at the current time.
There is no true competitor within the immediate market area of this business.
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.