Gross Revenue: $360,000
Rate/Sq. Ft.: N/A
12 Yr. Profitable NC Screen Print Business
Copyrighted Print Systems give this company a Profitable Edge over Com
This company is a well established screen printing & embroidery company serving primarily the 4 North Carolina counties of Burke, Catawba, Caldwell & Alexander, with a smaller following throughout the rest of the state, and select parts of the East Coast. Known for their high quality work and prompt turnaround times, the company enjoys a loyal following. The owner has been in the industry for over 26 years.
Knowing that this industry, like so many others, can be very competitive the owner pioneered and copyrighted two print systems to set this company apart from it’s competitors. The 2 copyrighted print systems ARE included in the sale price of the company, and are a big part of what makes this company so valuable! They have for years given the company a distinct competitive edge. These 2 print systems not only allow the company to offer a product not available through anyone else, but adds dramatically to its pricing competitiveness. Due to the high profile names of current and past customers this company continues to be the Go-To printer for difficult and highly detailed work. That reputation carries with it more comfortable profit margins. The largest percentage of customers include corporate accounts, churches, schools and other civic groups. There are Huge opportunities for growth with this company. The owner has not actively pursued marketing, advertising or outside sales, relying instead on word of mouth and repeat business. With the proper marketing and sales, the new owners could capitalize on those 2 copyrighted print systems to increase the company’s market share. The 3 key target markets for the company are Churches, Businesses and Schools and there are hundreds of them throughout the region. Due to the high profile names of current and past customers this company continues to print for organizations in several other states as well. There is a wealth of untapped markets! Sales of screen printed and embroidered goods is very friendly and low key compared to most commercial sales, which allows any conscientious hard working person to succeed. Today, branding is such a key component in marketing and business that many companies and individuals are already heavily vested in brand marketing. The keys to sales success within this market is to help educate the customer and provide prompt delivery of goods. No high pressure sales, no overcoming multiple objections, just the building of relationships with those who need help with their branding. It really is an enjoyable business with great profit margins! And helping customers design their logos, then watching the process go from computer monitor to garment really is Fun! Because of the long standing relationships with multiple vendors this company enjoys much lower supplier pricing than many other companies within the same industry. That not only adds to the flexibility of what can be offered, but allows for higher profit margins and a more competitive edge in quoting. The company for sale is already very well established with a good existing customer base of repeat customers. The equipment is state of the art and has the capacity for high production output. The company already possesses the equipment to over double its current capacity without going to a second shift or adding any equipment! Since the company is profitable and the overhead is already covered, any additional sales would add significantly to increased profit. The 4 counties and surrounding area represent a tremendous market and there is considerable room for growth. The proven cash flow of a well established company like this means new owners can hit the ground running, being profitable right away.
Inventory: Included in asking price
Real Estate: Leased
Building Sq. Ft.: 1,300
Lease Expiration: N/A
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: This company is currently a home based business and was laid out to be very efficient in it’s use of space. The business currently operates in a 1300 square foot area. Of that square footage approximately 900 sq. ft. is production, 300 sq. ft. is receiving and shipping, with the remaining 100 sq. ft. being office. Currently there is no storefront or retail area but that could certainly add to the company's visibility under the new ownership. Website, domain name and online catalog is included in the sale. Vendor lists (over 1,200) included. (Home Based)
Competition: This company has established a very strong reputation as a high quality printer and embroiderer with competitive prices.
Knowing this industry to be very competitive the owner pioneered and copyrighted 2 print systems to set this company apart. These 2 print systems allow the company to offer a product not available through anyone else & adds dramatically to its pricing competitiveness. The 2 copyrighted print systems are a big part of what makes this company so valuable!
The 3 key target markets for the company are Churches, Businesses and School
Growth & Expansion: There are huge opportunities for growth. The owner has not actively pursued marketing, advertising or outside sales, relying instead on word of mouth and repeat business.
The company already possesses the equipment to over double its current capacity, on 1 shift! Since the company is profitable and the overhead is already covered, any additional sales would add significantly to increased profit.
The new owners of this company will have the benefit of a great reputation as well as the ability to grow, without additional equipment.
Support & Training: 4 weeks of training will be provided through the current owner. Additional training and tech support will be available as needed, on a consultation basis.
This company is dependent upon graphic arts. Purchasers will need to employ a graphic artist proficient in either CorelDraw or Adobe Illustrator. A working knowledge of Adobe Photoshop would also be helpful.
Reason for Selling: Retirement
Home-Based: This business
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