Wholesale embroidering business

Grand Rapids, MI (Kent County)

Wholesale embroidering business

Asking Price:$175,000

Cash Flow:$72,000

Gross Revenue:$204,000

EBITDA:N/A

FF&E:$90,000

Inventory:$1,000

Established:2003

Wholesale embroidering business

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Business Description

This profitable in home embroidering business has had a history of profitability. It sells to sellers of promotional items and does not sell directly to end users.

Detailed Information

Inventory:
Included in asking price
Employees:
2FT,3PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business is currently operated from owners home. The business primarily is located in the former garage of the residence. All machinery and inventory and intangible assets necessary for the operation of the current business is included in this sale. (Home Based)
Competition:
The business enjoys several promotional items sellers that utilize this business to provide custom embroidery. The business maintains a very great amount of company logo's that are used on a routine basis for end users. The acquisition of these logo's would normally represent a significant expense. The owner does not currently sell to end users and does not solicit business from them.
Growth & Expansion:
Currently there is no marketing being performed to increase business either through wholesale channels or directly to end users. The company does not maintain a web site. It is believed that if any marketing programs were to be initiated that substantial growth could be achieved. It is also believed that by selling direct to end users would result in larger profit margins.
Financing:
Seller may consider seller financing to facilitate SBA financing.
Support & Training:
The owner is willing to assist a buyer in order to insure a smooth transition.
Reason for Selling:
The owner wishes to spend more time with her family.
Home-Based:
This business is Home-Based

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Jack Snyder

Business Listed By:
Jack Snyder

Snyder Partners inc

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