Listing ID: 82241
This company is more than T-Shirts. They are a successful printing, design, sales and marketing apparel company located in Central Iowa. Known for their trendy t-shirt designs.
They work with companies, organizations and individuals, providing eye catching, quality produced items.
Well established…over 10+ years in business.
Located in a college town, this is excellent opportunity for a new owner.
Consistent sales and cash flow positive.
- Asking Price: $160,000
- Cash Flow: $77,152
- Gross Revenue: $290,697
- EBITDA: $77,152
- FF&E: $35,000
- Inventory: $5,000
- Inventory Included: Yes
- Established: 2009
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:3,000
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
3,000 sq. ft facility
Located in a college town. Sports leagues, bowling leagues, local businesses, fund raising groups, high schools and etc., desire high quality t-shirt design, hoody design and much more.
The business was founded in 2009, making the business 13 years old.
The transaction shall include inventory valued at $5,000, which is included in the suggested price.
The business has 2 employees and resides in a building with estimated square footage of 3,000 sq ft.
The building is leased by the business for $1,225 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons people decide to sell operating businesses. However, the genuine factor vs the one they say to you may be 2 absolutely different things. For instance, they might say "I have way too many other obligations" or "I am retiring". For many sellers, these factors stand. But, for some, these may simply be justifications to try to conceal the reality of changing demographics, increased competition, current reduction in incomes, or an array of other factors. This is why it is really essential that you not rely totally on a seller's word, however rather, utilize the vendor's response combined with your overall due diligence. This will paint a much more reasonable picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your deal. Numerous businesses take out loans so as to cover things like inventory, payroll, accounts payable, etc. Remember that occasionally this can indicate that profit margins are too small. Many organisations fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that must be fulfilled or may lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the location attract brand-new clients? Often times, businesses have repeat clients, which develop the core of their day-to-day revenues. Certain factors such as brand-new competition growing up around the location, road building, and also employee turnover can impact repeat clients and adversely influence future incomes. One essential thing to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business regularly, the higher the chance to build a returning customer base. A last thought is the basic location demographics. Is the business located in a largely populated city, or is it situated on the edge of town? How might the local mean family earnings effect future revenue potential?