Listing ID: 83228

Business Overview

Highly profitable business with extensive customer list driving repeat business. T-shirt printing makes up most of business. Also prints totes, sweats, golf shirts, etc. Known for quality and fast turnaround.
Over 20 years in business with single owner. Services clients such as UMMC and Army National Guard. Highly visible, street-front location.
Good working relationship with local competitors. 10-12 other printers in the metro area. Currently outsourcing embroidery to 2 competitors.
Tremendous growth opportunity. Business currently outsources embroidery, stickers, signs, and banners. Bringing those services in-house would offer increased revenue.

Financial

  • Asking Price: $500,000
  • Cash Flow: $226,000
  • Gross Revenue: $670,000
  • EBITDA: N/A
  • FF&E: $43,000
  • Inventory: $500
  • Inventory Included: Yes
  • Established: 1998

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,500
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

other business opportunities

Additional Info

The company was founded in 1998, making the business 24 years old.
The deal shall include inventory valued at $500, which is included in the suggested price.

The business has 3 employees and is situated in a building with approx. square footage of 1,500 sq ft.
The building is leased by the company for $2,028 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals resolve to sell companies. Nevertheless, the true reason and the one they tell you may be 2 totally different things. For instance, they may claim "I have too many various commitments" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might simply be justifications to try to conceal the reality of altering demographics, increased competition, recent decrease in earnings, or a variety of various other reasons. This is why it is extremely vital that you not rely completely on a seller's word, but rather, utilize the vendor's response in conjunction with your overall due diligence. This will repaint a more sensible picture of the business's current scenario.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Numerous businesses finance loans so as to cover points such as inventory, payroll, accounts payable, and so on. Remember that in some cases this can suggest that revenue margins are too tight. Lots of organisations come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that must be satisfied or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area attract new customers? Many times, operating businesses have repeat consumers, which create the core of their everyday profits. Specific elements such as new competitors sprouting up around the location, road building, and also personnel turn over can affect repeat customers as well as adversely affect future profits. One vital thing to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Certainly, the more people that see the business regularly, the better the chance to build a returning customer base. A last thought is the basic area demographics. Is the business located in a largely populated city, or is it located on the outside border of town? Exactly how might the local median house earnings influence future revenue potential?