Embroidery and Promotional Products Company Over 27 Successful Years !

Price: $699,900

Location: Columbus - Ohio, Franklin County

Industry: Embroidery Promotional Products

Listing Category: Embroidery Services/Shops

Listing ID: 80108

This Embroidery and Promotional Products company has been serving the Greater Columbus and Central Ohio market for over 27 Successful years.  Over this time frame it has become a prime vendor for local businesses, schools, colleges, organizations, sports teams, and consumers gaining a substantial market share.

The company produces custom embroidered items including 3D embroidery, applique embroidery, chenille items, heat transfer, vinyl lettering, screen printing, professional sewing, custom monogrammed lettering for both retail and wholesale purposes. These items are sold in order sizes from single specialty orders to large corporate orders.

Additionally, they assist in company logo design and have the computer capability and employee expertise to Digitize any desired design.  Promotional products are also sold which include golf balls. Pens, mugs, hats etc.  The company has the capacity to handle both small and large order sizes. They also do contract work for some of the area smaller embroidery companies that do not have their own production capabilities.

They have a solid web presence and an online web-store where customers can order or just browse.

The company has 12 employees (11 Full time and 1 Part time) including a Production Mgr., Digitizing Operator, Machine Operator with these positions being long tenured.

Consistent Results

>>> 2 Year Ave (2018 & 2017) Sales $1,053,102 Profits $244,947

Impeccable Books and Records all figures are easily verified !

All parties will be required to sign a Confidentiality agreement and provide proof of their financial ability to complete a transaction.

Outstanding Business !  Great Reputation ! Success For Over 27 years !!

Listing Details

Total Sales: $1,056,871

Cash Flow: $237,354

FFE: $550,000 (Included in Price)

Inventory: $110,000

Terms and Conditions?:

No Seller Financing, SBA Approved.

Reason For Sale:

Seller retiring after 27 years of Successful Business !!!!!

Training & Support:

Seller to provide training and support to ensure a smooth transition to a new owner.

Operation

Year Established: 1992

Year of Last Acquisition: 1992

Days & Hours of Operation: Mon, Tue, Thu: 8am - 7pm Wed, Fri: 8am - 5pm Sat: 11am - 2pm Open online: 24/7

Employees: 11 FT 1 PT

Managers: 1 Production Mgr.

Location

Monthly Rent: 4,000

Type of Location: Stand Alone Retail/ Office/Warehouse

Square Footage: 4,500

Facilities Information:

The company space is currently owned by the Seller a long term lease can be negotiated with a potential Buyer. The company works out of a 4,500 sq. ft. facility consisting of Retail, Office, Warehouse, and Production space. The retail space is open to the public and nicely displays the numerous Jackets, Shirts, Hats, and handbags. The accounting and digitizing is done in the office and inventory and supplies are stored in the warehouse area. The facility has a large production area which houses Three Six Head, Three Single Head, One Fifth teen Head Embroidery machines and Three Chenille machines.

Summary

Historical Summary:

Same Owner Since Opening in 1992 (27 Years Successful Operation).

Competition:

The industry is extremely fragmented with small mom and pop shops.  This business is very established 27 years and has a strong market presence and  great reputation known for their customer service and their attention to detail producing a great finished product.   In addition to their own production the company does contract work for the smaller shops in town that do not have the production capabilities.

Afilliations