Embroidery Shop with Exclusive Options - Will consider Offers

Alafaya, FL (Orange County)

Embroidery Shop with Exclusive Options - Will consider Offers
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Asking Price: $325,000

Cash Flow: $47,731

Gross Revenue: $376,601

EBITDA: N/A

FF&E: $100,000

Inventory: $150,000

Rent: $7,911 /Month

Established: 1986

Embroidery Shop with Exclusive Options - Will consider Offers

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Business Description

Thirty-three-year-old Embroidery Business with highly desirable license rights to the Greek fraternity and sorority lettering system situation across the street from the largest university (student population) in the country. This couple, now in their 70’s, says it’s time to let someone else run with this operation. With over $75,000 in equipment and $150,000 in resalable inventory this location was just built (moved locations) in 2018 and looks fantastic.

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Detailed Information

Location:
Alafaya, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
4/30/2023
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This gorgeous 3000 SF facility was just built out in mid-2018. The shop moved from a bad location too far down the road to directly across from the University in a beautiful – well trafficked plaza. Stunning doesn’t adequately describe how nice this shop is. After operating in one location for many years they tried to move down the road to a cheaper rent spot. What a fiasco. As they say “location, location, location” so in 2018 they moved again to the current location and can see the continuous impact on sales and profits.
Competition:
By having the licensing rights to the Greek lettering system and their proximity to the University, competition is far less a concern.
Growth & Expansion:
The store has literally no marketing presence. They built it and they came. In today’s world of digital marketing and online advertising, applying even just a hint of this or even the use of an outside sales rep could dramatically improve sales.
Support & Training:
The seller will stay on for a few weeks after the sale to ensure in the orderly transition of the business. The Mrs would love to be retained for longer as an employee to continue helping the buyers.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Keith Lehmann

Business Listed By:
Keith Lehmann

American Business and Commercial Brokerage

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