CUSTOM SCREEN PRINTING & EMBROIDERY BUSINESS WITH PATENTED PRODUCT
Northern, Michigan
Asking Price: |
Gross: |
Cash Flow: |
$469,000 |
$1,020,086 |
$152,956 |
Furniture and Fixtures Value:
$117,842 (included in the asking price)
Inventory Value:
$8,900 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Located in Northern Michigan, this long established and reputable company has been serving local and nationwide clientele for decades and has earned excellent reputation for high quality workmanship and superior customer service. The company is best known for its proprietary patented product sold nationwide, but also specializing in silk screen printing, embroidery and promotional products. Business is mostly B2B, with a large volume of repeat orders. Client base consists of corporations, hospitals, breweries, wineries, resorts, non-profits and higher education institutions. Dedicated, tenured professional team of employees is in place to serve growing client base with plenty of capabilities. Exceptional websites and solid on-line presence keep bringing new clients each day. Owner’s responsibilities include overseeing and providing direction to staff, new business development, sales, HR, and customer service. The owner would like to see the business succeed and is happy to stay through negotiated transition period to familiarize the buyer with all aspects of the business.The sale includes all equipment necessary for operations. All equipment is well-maintained and kept in a great working condition. The company is on track to produce over $1mil in sales for the latest fiscal year with excellent potential for growth in both segments of the business.The business would be ideal for a printing, marketing and graphics company looking to grow its market share and gaining a niche focus in national higher education market and promotional products segment. It is an excellent opportunity for an individual investor with desire to own a quality business in this industry. More information is available with signed NDA.
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Year
Business was Established: 1977 |
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Number of Employees:
7 |
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Facilities / Terms of Lease:
The building is owned by a seller-related entity. The business is currently occupying approximately 6,500 sq ft. with the rest of the space rented to three other tenants. There is also room on the property to expand the facility further if needed. |
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Potential
Growth/Expansion:
With long standing respect in the industry and fresh energy of a buyer this business is poised for continued growth and expansion. |
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Competition:
Niche product backed by excellent customer service, outstanding name recognition and superb reputation allows the company to continue its growth locally and nationwide. |
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Owner
willing to finance:
Negotiable. SBA Loan is available for a qualified buyer. |
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Owner
willing to train:
Seller will be sure to provide all the training necessary to ensure smooth transition. |
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Reason for selling:
After many years of running the business, the owner is ready to retire. |
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REQUEST MORE INFO |
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