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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 84 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $350,000
Gross Revenues $517,823 Lease Remaining Register Free to View
Owner’s Cash Flow $170,500 Number of FT Employees Register Free to View

Financing

$350,000 Down and Some seller financing may be made available for highly qualified purchasers.

Business Description

This company specializing in Screen Printing-Embroidery-Promotional Products has been in business under the same husband-wife ownership team for nearly 40 years. The wife runs the front-end of the business, handles financial/administrative functions, and can also do embroidery. She is willing to stay on as an employee for up to another couple of years without affecting the stated cash flow of almost $190K. The husband, who is a capable screen printer, would like to retire as soon as possible. However, he will help you train another screen printer, before he parts. Ideally, you are already a screen printer or come with one yourself. Bottom line, you will receive all the transitional support & training you will need to succeed. 2021 was a record year, to the point where some work had to be contracted out. And believe it or not, 2020 was also 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 asking price of $350K is just 1.85 times cash flow. Some seller financing may be made available to highly qualified purchasers. Everything is on the books here! Please email the listing broker, Jay Goldman, at jaygoldman@vestedbb.com to make an appointment to meet with the sellers 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.