Most businesses at this price ask you to buy a job. This one asks you to buy a machine that already runs.
Established custom embroidery and decorated-apparel shop in central Connecticut's, operating continuously for more than two decades. Corporate uniforms and workwear, team and league apparel, school and organizational wear, caps, outerwear, and promotional merchandise for a recurring base of commercial and institutional customers. Embroidery and heat-transfer capability in-house.
Why this one is different. The decorated-apparel trade is not known for margins. This business produces seller's discretionary earnings of 26% to 29% of revenue, and it has improved every period reviewed. Gross margin has expanded three periods running — 33.8%, then 34.8%, then 37.2%. Operating expenses below the gross-profit line run just 8.4% of revenue.
Why that's possible. Production is made to order, so there is no inventory — beginning and ending inventory are nil on the federal returns. Production labor is variable rather than fixed, so a slow month doesn't become a losing month. Occupancy is 700 square feet at roughly 3.2% of revenue. Very little capital sits behind the earnings.
The owner is retiring after more than twenty years and is committed to a proper handoff.
At Acquitrust Advisors, we are not just traditional business brokers. We are experienced business owners and strategic advisors who understand the true value of a well-built enterprise. We meticulously curate premium, confidential acquisition opportunities, ensuring perfect alignment and success for both buyers and sellers. NDA and proof of funds required.
Ad#:2554730