Status: Active
Posting ID: 277117
10/3/23
$600,000.00
Asking Price
Description
This Nevada-based screen printing and embroidery company is a Nevada Limited Liability Company and was formed almost 1 year ago and has been servicing customers with their screen printing, embroidery, and decoration of apparel. This business focuses currently mainly on providing decoration services to a wide variety of clients that provide uniforms, apparel, and spirit wear to schools, and provide full turnkey products to corporate clients, organizations, etc. The company does have Key Accounts with many major brands.
They are part of ASI (Advertising Specialty Institute) advertising and promotional products for schools, businesses, and corporations. This business comes with quite a selection of equipment, including Sportsman and Diamondback Automatic Screen-Printing Presses, Sidewinder Manual Screen-Printing Presses, 11 Melco Amaya Embroidery Machines, 6 Stahls Heat Press Machines, Driers, and many other pieces of equipment.
The business is an offshoot of a business that was sold in 2021 so it started with several experienced individuals and equipment and an existing client base to work with.
Market Outlook/Competition
This business currently advertises mainly through word of mouth. Growth can be obtained by stronger marketing and social media presence. Also, by hiring direct salespeople to expand into sales of garments and decoration services (currently most of all of revenue is decoration services). Also, expanding into other industries and markets, such as spirit wear, corporate wear, uniforms, etc. would provide growth.
Seller Financing Description
Seller financing of up to 50% of the purchase price may be available at a 5-year term with an interest of 8%. The amount financed will depend on the offered price and quality of the Buyer.
Support & Training
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new owner. Additional training may be available at mutually agreed-upon terms between the Buyer and the Seller.
Reason for Selling
The seller is retiring.
Detailed information
Year Established: 2022
Home-Based: No
Franchise: No
Relocatable: Yes
Required Licenses:
Is Property Leased: Yes
Real Estate Included: No
Real Estate Available: N/A
Real Estate Value: N/A
Part-time Employees: N/A
Full-time Employees: 17
Building Size: 7500 sq ft
Monthly Rent: $4,500
Financial Information:
Asking Price: $600,000
Cash Flow: $250,000
Gross Revenue: $2,000,000
Down Payment: $300,000
Financing: Yes FFE (Included): $350,000
Inventory: $60,000
02100708 BRO.
To get more information about this Embroidery, Decoration Company business for sale in Nevada please phone Adriana Sargent (Intermediary - BRE License #:02100708 BRO.) at 408-981-7799 call/te and 408-981-7799 call/te - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #277117 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Embroidery, Decoration Company, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers.
Contact
Details
Asking Price: $600,000.00
Down: $300,000.00
Cash Flow: $250,000.00
Revenue: $2,000,000.00
Area: Nevada
City: None Given
Attributes:
My Notes About This Listing
Cash flow
$250,000
Revenue
$2,000,000
Down
$300,000
Posting: 277117 | Available | 10/3/23
This Nevada-based screen printing and embroidery company is a Nevada Limited Liability Company and was formed almost 1 year ago and has been servicing customers with their screen printing, embroidery, and decoration of apparel. This business focuses currently mainly on decoration services.
Asking Price
$600,000
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