Uniform & Customized Apparel Business

Multnomah County, OR (Relocatable)

Seller Financing Available
Uniform & Customized Apparel Business

Asking Price:$195,000

Cash Flow:$77,000

Gross Revenue:$386,000

EBITDA:$77,000

FF&E:$5,000

Inventory:$3,500*

Lease Rate/Sq. Ft.:N/A

Established:1958

*not included in asking price.

Uniform & Customized Apparel Business

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Business Description

A salesman's dream - solid customer base - sky's the limit

This business supplies clients with logoed employee uniforms and other products to enhance their marketing plans. Simple business model with unlimited sales potential and a long history of business success. Clients include grocery stores, medical establishments, public transit agencies, team sports, and a rich mix of employers and non-profits.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
5/31/2017
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business occupies 2,400 square feet of space in a two story floor plan. The current 1-year lease expires on May 31, 2017. Buyer has the option to terminate the lease upon purchase of the business with 60 days notice to the landlord. The current monthly lease payment is $1,750.00 per month and includes utilities and taxes.
Competition:
This company converted to a simplified business model in 2013, focusing on higher margin accounts while keeping overhead extremely low. The company has a reputation for providing excellent customer service that includes a web-based sales and order fulfillment system. The visibility of the business location affords drop-in, retail customers.
Growth & Expansion:
Immediate growth is available to a motivated owner/manager. Incremental growth is possible by adding sales personnel. The current owner cherry-picks higher margin accounts, passing up profitable potential customers with lower profit margins. Higher sales volumes are readily available to a new owner by catering to a broader spectrum of customers.
Financing:
To qualified buyers
Support & Training:
The owner will assist in training a new owner for up to 2 months after the sale with compensation included in the sales price. The owner will be available for phone consultation for up to 6 months after the sale.
Reason for Selling:
Seller would like to retire.

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Bob Strader

Business Listed By:
Bob Strader

PragmaGroup, LLC.

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Sponsoring Broker:
Ray Hanson

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