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Well established business primarily selling B to B

Travis County, TX

Well established business primarily selling B to B
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Asking Price: $1,400,000

Cash Flow: $322,000

Gross Revenue: $6,100,000

EBITDA: $322,000

FF&E: $300,000

Inventory: $25,000

Established: 1978

Well established business primarily selling B to B

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Business Description

Well-established custom garment printing business selling to commercial, non-profit, and retail customers in Central Texas for over 30 years.

Detailed Information

Location:
Travis County, TX
Inventory:
Included in asking price
Employees:
48 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company recently invested in a significant upgrade into state-of-the-art production equipment, which produces excellent quality product on a consistent basis, providing a competitive advantage in the marketplace. The company has outgrown the current facility, which was not designed for this type of operation. An acquirer could move the operation into a more suitable facility and achieve operational efficiencies.
Competition:
The business does an excellent job of serving their customers, resulting in 80% of revenue from repeat customers. Sales staff is experienced, well-trained and compensated by a well-developed commission structure. Many of the key employees have been with the company for years, and the production team is very experienced.
Growth & Expansion:
The company has chosen to remain at the current size due to space constraints, although opportunities exist to add additional services and grow the business. They are currently running two shifts, and limited in the outbound marketing initiatives due to production space constraints. Some of the current product offerings could be expanded by a new owner.
Financing:
The seller is not planning to provide financing
Support & Training:
Seller to provide 30 days consulting at no charge, and one owner open to remain in a consulting role for 6 to 12 months on terms to be negotiated.
Reason for Selling:
Seller at retirement age.
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(from currently available funds)
 
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Lawrence (Larry) Schumann, M&AMI, CBI

Business Listed By:
Lawrence (Larry) Schumann, M&AMI, CBI

Corporate Investment

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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