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Embroidery & Screen-Printing

Location: Eastern North Carolina

ID: (#200656)

200656
Price:$223,000
Revenue:$420,000
Cash Flow:$105,000
FF&E (Assets):$55,000
Inventory:$8,000
Real Estate:$0

Overview

This is a great opportunity for an owner operator, maybe a husband & wife team, to take over a well established and successful Embroidery & Screenprinting business located in a fast-growing region in Eastern NC.

The business has over 200 active accounts, lots of repeat customers, walk in traffic, and a great reputation with nearby schools, military bases, local businesses, events, and community organizations.

The current husband and wife team share the responsibilitoes of customer service, ordering, shipping, and some of the screen printing work. One full time employee works the embroidery machine and has been with the business for many years.

Key success factors are the showroom showcasing apparel to choose from, and the flexibility to delivery high quality no matter what order size. Company also carries a full line of promotional products

Jan-Aug 2021 Sales: $318,000 with owner's net earning of $84,000 in 8 months.
Net profit for full year 2021 will be well over $100,000.

Details

Reason for Selling:

Retirement

Established:

2000

Employees:

3

Furniture, Fixtures, and Equipment (FF&E):

Tajima 6-head embroidery machine, Riley Hopkins 4/6 Screen Printer, Anajet MP5I DTGH, 2 Heat Presses, various office equipment and inventory included in the sale price. Assets are well maintained and in good condition. The dollar amount listed is estimated fair market value and is included in the asking price.

Facilities:

Leased 2000 sqft business location includes two production rooms, showroom, and office spaces with ample room for expansion.

Inventory:

Thread, Ink, Vinyl, Shirts, Hats included in the asking price.

Competition:

The business is located in a fast-growing community. This business sets itself apart from the local and online competiontion through service, presence and quality.

Opportunities for Growth:

The premises provide ample space for additional equipment for expansion. The current owner does not capitalize on social media and area marketing.

Support and Training

The current owner is willing to remain with the company for a certain amount of time to assist in the transition and training of the new owners.

Broker Contact Information

  • Regina Fisher
  • North Carolina - Wilmington
  • (910) 520-0737 Mobile
  • (910) 520-0737 Office
  • (208) 248-5610 Fax
  • By Appointment Only
  • NC #282486
  • North Carolina - Wilmington
  • By Appointment Only
  • 1314 Culbreth Dr
  • Wilmington, North Carolina 28405
  • Real Estate Broker: NC #282486