26 Yr. Old Embroidery in East Broward with Contracts

Broward County, FL (Relocatable)

Seller Financing Available
26 Yr. Old Embroidery in East Broward with Contracts
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Asking Price: $385,000

Cash Flow: $127,605

Gross Revenue: $731,128

EBITDA: N/A

FF&E: $116,000

Inventory: $6,000

Established: 1991

26 Yr. Old Embroidery in East Broward with Contracts

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Business Description

26 Yr. Old Embroidery with Contracts

This 26 year old Embroidery, Screen Printing & Promotional Products company is very hard to find. The longevity in the business, the location, the low rent, the same original owner and the contracts with the US Navy are just some of the key success points to be considered. Its sales people are permitted to step aboard the navy ships and sell promotional products. Other customers include businesses and retail establishments. Excellent books and records. This a well-oiled machine that runs very well and has been consistent for three decades. The company offers a wide assortment of unique and high quality promotional gifts that your customers or prospective customers will appreciate. The company has an extensive online product catalog and friendly customer service agents. All their promotional gifts can be custom imprinted or laser engraved with your business information, company logo or marketing message and are backed by the company's risk-free 100% satisfaction guarantee. The new owner may consider increasing the B2B side of the business, so advertising knowledge and a go-getter attitude are considered a plus. Either embroidery experience or marketing background are a plus. Seller will hold a note of $75,000 for 5 years at 6% to a qualified buyers. Lender pre-qualified. Business should qualify for Visa.

Detailed Information

Location:
Broward County, FL
Inventory:
Included in asking price
Employees:
6 FT/4 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is housed in a commercial building, which is owned by the seller. Both the advertising and the manufacturing arms of the operation (two separate companies) are included in this sale price. The building is not offered for sale but the owner will consider a long term lease with favorable terms.
Competition:
While there are other screen printing and embroidery companies out there, you will be hard pressed to find one that has the longevity and the US Navy contracts like this great company.
Growth & Expansion:
The potential for growth is immense given that there are close to 250,000 small businesses in Broward County alone. The company wants to increase the share of that huge market. New owner can also solicit other government agencies and use the Navy contracts as a selling tool.
Financing:
$106k Down / $75k for 60 mos. @ 6% / Other Financing.
Support & Training:
Will train for 3 weeks @ $0 cost. The company provides their customers with high quality custom screen printed and embroidered apparel and over 500,000 promotional products/advertising specialty items. No special licenses are required and advertising skills to take the business to the next level while not required will be considered a major plus.
Reason for Selling:
Thinking about retirement.
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Anton Joro

Business Listed By:
Anton Joro

Murphy Business & Financial Services LLC

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Sponsoring Broker:
Russell Cohen M&AMI,CBI,BCI,CM&AP,CM&AI-

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