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Embroidery & Screen-Printing

Location: Eastern North Carolina

ID: (#200656)

200656
Price:$223,000
Revenue:$380,000
Cash Flow:$96,000
FF&E (Assets):$55,000
Inventory:$8,000
Real Estate:$0

Overview

This well-established Embroidery & Screen Printing business is 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, and other community organizations.

Providing high quality products and services, no matter what order size, a complete showroom showcasing the latest apparel to choose from, have been key success factors. Company also carries a full line of promotional products.

SBA Cares Act Debt Relief Program: The SBA will automatically pay the first 6 months of principal, interest, and fees on new SBA loans issued prior to September 27, 2020. https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/sba-debt-relief

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, a Heat Press and various office equipment. All assets are well maintained and in good condition. The dollar amount listed is estimated fair market value.

Facilities:

Leased 2000 sqft business location includes 2 production rooms, showroom, office spaces with ample room for expansion. 1 bathroom. Property available for purchase with right of first refusal to buyer of the business. Please inquire for details.

Competition:

The business is located in a fast-growing community. Only a couple of competing businesses offering similar services are located within 15 min drive.

Opportunities for Growth:

The premises provide ample space for additional embroidery machines or other equipment for expansion. The current machine runs about 40hrs per week. The current owner does not capitalize on social media marketing or promotional opportunities such as welcoming new businesses etc.

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
  • (208) 401-9523 Office
  • (208) 248-5610 Fax
  • By Appointment Only
  • Bristol Group Carolina
  • North Carolina - Wilmington
  • By Appointment Only
  • Wilmington, North Carolina
  • Real Estate Broker: Bristol Group Carolina