Business Overview

This Embroidery and Screen-Printing Company services all of Iowa but also has serviced companies in other states around the US. The company can do Custom Printing and Embroidery on Sweatshirts, Tee shirt, Tank tops, Bleacher chairs, Pants, Safety Vest and a number of other promotional items.

The locally Family Owned business has thrived and is growing based on its customer service that has been driven by the company’s quality employees and by the quality products that are offered. Because of the current employees this business has in place, it has the potential to even becoming an absentee owner business due to the reliability of current management over time.

Affordable pricing and fast turnaround has made it possible to retain large returning customers year after year. The steady growth of the business over the years shows the staying power and growth potential of the company due to the markets we have experienced with COVID.

Financial

  • Asking Price: $535,000
  • Cash Flow: $158,404
  • Gross Revenue: $1,179,914
  • EBITDA: N/A
  • FF&E: $198,892
  • Inventory: $40,951
  • Inventory Included: Yes
  • Established: 2006

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:9
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Building is leased from 3rd party and there is potential room to expand.

Is Support & Training Included:

Owner is willing to discuss support and training terms.

Purpose For Selling:

Retirement

Opportunities and Growth:

Before Covid they supplied big running events in Chicago. Getting back to supplying the events would increase an already growing business due to their competitive pricing and great customer service. The company could expand their products to their current customer base for items they are already wanting. Becoming more efficient in their procedures from start to finish on orders and set up

Additional Info

The venture was founded in 2006, making the business 16 years old.
The sale shall include inventory valued at $40,951, which is included in the requested price.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals decide to sell businesses. However, the real factor vs the one they tell you may be 2 absolutely different things. For instance, they might say "I have too many various obligations" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these might simply be excuses to try to conceal the reality of altering demographics, increased competition, current decrease in revenues, or an array of various other reasons. This is why it is extremely crucial that you not count absolutely on a vendor's word, but rather, use the vendor's solution along with your total due diligence. This will repaint a more practical picture of the business's present scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Numerous companies finance loans with the purpose of covering things like inventory, payroll, accounts payable, so on and so forth. Remember that occasionally this can mean that profit margins are too small. Numerous companies fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that should be fulfilled or might result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area bring in brand-new customers? Many times, companies have repeat consumers, which form the core of their day-to-day earnings. Certain aspects such as new competition growing up around the location, roadway building and construction, and personnel turn over can affect repeat consumers and negatively impact future revenues. One important thing to think about is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Clearly, the more people that see the business on a regular basis, the better the opportunity to develop a returning client base. A last thought is the general area demographics. Is the business placed in a largely populated city, or is it located on the outside border of town? How might the regional average home income effect future revenue potential?