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Midwest Screen Printer & Embroider

Plains

2018 $2.37MM Sales | $195K EBITDA
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $2,370,000

EBITDA: $195,000

FF&E: N/A

Inventory: N/A

Rent: $2,500 /Month

Established: 1998

Midwest Screen Printer & Embroider

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Business Description

Founded in the late 1990's, the Company provides screen printing (70% of 2018 revenue), embroidery (20%), and promotional products (10%) and differentiates itself from competitors by delivering quality products at a great price, outstanding graphic design, and on-time delivery.

Detailed Information

Real Estate:
Leased
Building SF:
8,000
Lease Expiration:
N/A
Employees:
14FT,2PT
Facilities:
The profitable business operates from an 8,000 square-foot office and production facility owned by the Company with an estimated fair market sale value of $300,000 and annual rent of $30,000, subject to appraisal and negotiation. The owners would prefer to sell the real estate with the business, but would consider a fair market value lease to the new owner.
Competition:
The Company relies mostly on word of mouth, referrals, and repeat customers to generate revenue. The Company has continued to grow over the years without dedicated salespeople, or a formal marketing or advertising strategy.
Growth & Expansion:
The Company serves diversified customer markets including education (30%), corporate (30%), sports teams (30%), and others (10%). In 2018, key customers were Corporate A (8%), Corporate B (9%), Education A (7%), Education B (7%), and Education C (6%). The top account has been a customer for over 15 years, and the other four have been customers since the Company’s founding.
Support & Training:
The Company is supported by 14 full-time and 2 part-time personnel.
Reason for Selling:
Retiring
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(from currently available funds)
 
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Chris Barnard

Business Listed By:
Chris Barnard

Marigold Resources

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Sponsoring Broker:
Todd McGreevy

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