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Impressive Commercial Embroidery Company! (17767)


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Listing provides wholesale, contract, and retail silk-screening, plus embroidery services to their recurring nationwide customer base, as well as some signage and 750,000 promotional products. Company specializes in artwork preparation, from simulated processing, to four-color, multi or spot color printing; with garments ordered through suppliers or drop-shipped by clients. Thanks to great online ratings, 60% of business is sourced from local and regional projects, giving the buyer an ideal flexibility for optimization strategies to further industry growth. The prime warehouse facility totaling 6,500 square feet, features an ample parking lot and loading bays. Found in excellent condition, with heavy traffic in a highly visible area, the Southern Idaho property will be available with a monthly tenancy of $4,500 in a long-term lease. Through experienced teams for each department and a bookkeeper in place, staff of 8 nonunion employees will most likely remain post-sale and continue with streamlined functions. During a standard transitioning period of 12 months, new ownership can focus on continued quality control and development opportunities such as tradeshow presentations or stronger digital ads, especially proper Search Engine Optimization. Besides their A+ Rating with BBB, website, radio adverts, social media engagements and outside reps; the use of product stickers, flyers, and word of mouth referrals have proven to be effective marketing efforts. Currently targeting $900K in gross sales and $180,000 SDE for 2021, Total Revenues for last year reached $859,447 alongside Discretionary Earnings of $140,491. Approaching their next chapter, the current ownership looks forward to transitioning the company to a buyer who can take it to the next level!



Listed By: Paula Kruger

Background information

Seller Number:

17767

Year established:

Started 1982; Acquired in 1992.

Reason selling:

Approaching retirement and/or pursuing other interests.

Finance

Sales:

$859,447

Profits:

$140,491

Profit type:

Discretionary Earnings

Operations

Employees:

8 nonunion.

Equipment:

$483,970

Inventory:

$15,000 with Holiday Increases.

Premises

Facility:

Leased.

Square footage:

6,500+/-

Opportunities

Market:

A+ BBB Rating, Website & Social Media, Radio Ads and Sales Reps Stickers/Flyers, WOM Referrals.

Price and terms

Price:

$699,000

Financing:

Negotiable up to 20% for the right buyer.

Owner Transition:

Standard period of 12 months.