Independent Embroidery Company established for over two decades with a great customer base is available for acquisition. This business was established in 2001 by the current owner and has built a loyal clientele by providing high-quality service. This business occupies approximately 3000 sq ft of office/warehouse space with only $20,400 in YEARLY RENT while serving the greater Dallas and suburbs nearby. The current customer base includes public schools, fire departments, police departments, municipalities, and small businesses that have built a relationship with this business for 10 to 15 years. The business currently lacks a sales team that can expand sales with its current customer base and acquire additional accounts such as schools and universities with uniform programs. With the addition of a sales team, additional technicians could be hired as the current facility is only utilizing 30 to 40% of its full capacity.
- Asking Price:
- $330,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $379,908
- Cash Flow:
- $115,259
Property Information
- Real Estate:
-
Lease
- Location:
-
This business occupies sq ft of office/warehouse space with only $20,400 in YEARLY RENT while serving the greater Dallas and suburbs nearby.
- Size in square feet:
- 3,000 SF
Business Operation
- Expansion Potential:
-
Hiring a sales team to acquire more accounts and expanding existing customer sales will help grow the business. Targeting additional schools and universities with uniform programs will also provide plenty of room for growth, as only 30 to 40% of the facility is currently fully utilized.
- Competition / Market:
-
There are competitors but this business has been established for over 20 years with loyal customers of 10 to 16 years such as police departments, fire departments, and public schools.
- Reasons for selling:
-
Other Opportunities
- Employees:
- 1FT
- Years established:
- 2001
Other Information
- Support & training:
-
The owner will provide training for an agreed-upon period of time to help ensure a smooth transition into the business.
- Financing available:
-
100% cash at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers.
- Furniture / Fixtures value:
- $50,000 - included in the asking price
- Inventory / Stock value:
- $9,000 - included in the asking price
