Asking Price: $395,000 Gross Revenue: $523,000Cash Flow: $125,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $18,750 included in asking priceFF&E: $117,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Have you always wanted to work for yourself and make a great living? Would you like to expand your existing Embroidery Production, Uniform, Screen printing and/or Promotional Products business by acquiring a business in a similar field with a strong cross selling opportunity?
A 25-year-old business that has untapped potential for growth without extra equipment cost. Sales in excess of $500,000, excellent margins and a strong history of profitability. The company has a 20 sewing head production facility along with heat transfer equipment.
A longstanding, locally owned business providing first quality embroidered and uniform apparel. Specializing in business to business uniform and customized apparel for employee and promotional branding. We have a strong loyal customer base locally, regionally and nationally. In keeping up with the times, the company has a custom-built website with a shopping cart for 24/7 customer service with nationwide exposure.
The company also has the capability for extensive organic growth in the not fully tapped promotional product sector as well as others. The company has all systems and processes in place.
About the Business
Number of Employees:
Building Sq. Ft.:
Operating out of a 2800 Sq. Ft retail building in a suburb of Western Wayne County, MI. Located off a high traffic road in a very populated area but not dependent on walk in trade.
Some competition but the company has a excellent reputation, loyal clients, and a very diverse client base both locally and nationwide.
Growth & Expansion:
The company, established in 1993 and has weathered two of the largest recessions in history which not only speaks for its financial stability but the industry in general. The company’s products and services are needed in a range of businesses and organizations locally and throughout the country. Future growth is limitless based on the new owners willingness to promote, network and keep up the same level of service, quality workmanship and product offering to their customers. Plenty of opportunity to expand.
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. See our
full Terms & Conditions.