Silk Screening & Embroidery
| Asking Price: | $490,000 | Inventory: | $25,000 ++ |
| Gross Revenue: | $140,000 | Real Estate: | $200,000 ++ |
| Cash Flow: | $112,000 | FF&E: | $35,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Founded in 1989, this profitable “hands-on” business’ primary activity is screenprinting (70% of revenue) and embroidering (15% of sales) t-shirts, hats, jackets, polo shirts, team uniforms and other textiles. Other areas of garment decorating include heat pressing, tackle twill and chenille (5%). Blank garments (5%) and sporting goods (5%) sales account for the remainder. This retail establishment holds a copyright for original artwork and is an authorized dealer of many of the products that are sold and serviced. The business has a large, varied customer base with 75-80% as repeat customers and many new customers are based on referrals. Located in the lovely town of Machesney Park (pop. 20,000) in Winnebago County (pop. over 280,000) in Northern, Illinois. The city is located 90 miles from Chicago and the area offers countless opportunities for education, recreation (parks, museums, gardens, golf-courses, trails, rivers, etc.) a numerous, additional area features and points of interest. Call today for details!
Note: There are eight towns that share common boundaries in a maximum of 30 minutes from the store, with a combined population of 250,000.
Note: There are eight towns that share common boundaries in a maximum of 30 minutes from the store, with a combined population of 250,000.
About the Business
Year Established:1989
Facilities:The building and land is owned and included in the sale and consists of one single-level building that is just under 4,000 sq. ft. The approximate acreage and square footage of the lot is 6,750. The building was constructed in the 1950’s and was recently gutted, insulated, rewired, with new plumbing, two new furnaces and one new AC installed. Located off of a busy state hwy. and in a very high-traffic location with excellent visibility. This business could also easily be relocated, if desired.
Market Outlook and Competition:Growth and expansion could be obtained by adding a web site, hiring a sales representative to market the business, targeting such areas as park districts, schools, municipalities and large corporations, buying out competitors and adding retail of football and soccer sporting goods. Areas of diversification would be the inclusion of trophies, plaques and other awards, custom vinyl cutting and vinyl graphics.
There is some local competition.
About the Sale
Management Training and Support:The current owner is happy to stay on through a reasonable transition period to acclimate the new owner to the business and clientele.
Reason For Selling:The current owner is ready to retire after many successful years owning this business.
KEYWORDS: Silk Screening, Embroidery
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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