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Business for Sale Summary

Screen Printing-Embroidery-Promotional Prds. - 34264

Business Type: seller financing available,screen printing - embroidery-promotional products
Owner Financing
Screen Printing-Embroidery-Promotional Prds.
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This business has received 54 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $399,000 Down Payment $299,000
Gross Revenues $650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$299,000 Down and $100,000 at 5% over 36 months

Business Description

This company specializing in Screen Printing-Embroidery-Promotional Products has been in business under the same husband-wife ownership team for 38 years. They are now ready to retire and will give you all the transitional support & training you will need to succeed. Their goal has been to provide premium, high quality products that are tailored to their customers' needs. They sell thousands of items like t-shirts, sweatshirts, hats, awards, drinkware, and pens -- all of which can be customized to design. Regardless of whether this is someone's first time shopping there or you are a return customer, of which there are many, they are there for you every step of the way. 2021 is shaping up to be a record year, to the point where some work is having to be contracted out. And believe it or not, 2020 was a pretty good year, especially given how severely the pandemic affected so many other businesses. The owners own the building within which the business resides and are therefore able to offer an extremely reasonable rent of just $2,200/month for 2,250 square feet. The Cash Flow of $200K/year doesn't include an additional $120K in salary the owners pay themselves, which you could use to pay employees. The owners are the only ones who work there at present. Asking only 2 times that Cash Flow is a great value, especially considering how much this business is growing. Please email the listing broker, Jay Goldman, at jaygoldman@vestedbb.com to make an appointment to meet with the seller to get a full tour of the facilities and ask some initial questions. If you are new to Vested, please at least become a free registered buyer under listing 34264 at www.vestedbb.com. In order to obtain the name & address of the business right away, upgrade to premium membership.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.