MergerPlace

Busy Contract Embroidery Shop

Virginia


  • Asking Price: $350,000
  • Gross Income: $521,929
  • Cash Flow: $118,651
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $193,003
  • Listing ID: #220665
  • Established: 1968
  • Employees: 10 FT

Business Description

This remarkable contract embroidery shop has been in business since 1968 and has been operated by the current owner since 1991. This is a B2B business creating custom embroidery for other businesses - no direct consumer interaction. With two 12-head machines, two 8-head machines, one 2-head machine and two single-head machines, this company is well equipped to handle any job, large or small and can embroider just about anything from shirts to hats and bags.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Virginia

Company Information

Year Established: 1968
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 10 FT

Financial Information

Asking Price: $350,000
Gross Revenue: $521,929
Cash Flow: $118,651
FF&E: $193,003
Seller Financing Available: No

Property Information

Facilities:

The current 3300 SF facility located in a pleasant commercial/industrial center was built in 2005 and includes a loading dock in the rear. The current owners are on a month-to-month arrangement with the landlord, who is prepared to negotiate an equivalent lease with the new owner.

Growth & expansion opportunities:

Growth is limited only by capacity. The current facility is 100% utilized, but the new owner could decide to add a night shift to grow sales.

Competition:

Strong demand for high-quality, on-demand embroidery based in the US. Very little regional competition - this company is turning away business.

Reason for selling:

Owner is retiring.

Support & Training:

Will train for 2 weeks @ no cost Business license.

Contact Business Seller

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Business Listed By:

Michael Metzger

Murphy Business Brokers