NEVADA-BASED EMBROIDERY AND DECORATION COMPANY - SC2112

Financial Information

Asking Price: $600,000
Cash Flow: $250,000
Gross Revenue: $2,000,000
Down Payment: $300,000
Financing: Yes
FFE (Included): $350,000
Inventory: $60,000

Business Location

Northern California

Business Description

This Nevada based Screen Printing and Embroidery Company is a Nevada Limited Liability Company and was formed almost 1 year ago and has been servicing customers with their screen printing, embroidery, and decoration of apparel. This business focuses currently mainly on providing decoration services to a wide variety of clients that provide uniforms, apparel, and spirit wear to schools, and provide full turnkey product to corporate clients, organizations, etc. The company does have Key Accounts with many major brands. They are part of ASI (Advertising Specialty Institute) Advertising and Promotional Products for schools, businesses, and corporations. This business comes with quite a selection of equipment, including Sportsman and Diamondback Automatic Screen-Printing Presses, Sidewinder Manual Screen-Printing Press, 11 Melco Amaya Embroidery Machines, 6 Stahls Heat Press Machines, Driers and many other pieces of equipment. The business is an offshoot of a business that was sold in 2021 so it started with a several experienced individuals and equipment and existing client base to work with.

Market Outlook/Competition

This business currently advertises mainly through word of mouth. Growth can be obtained by stronger marketing and social media presence. Also, by hiring direct salespeople to expand into sales of garments and the decoration services (currently most all of revenue is decoration services). Also, expanding into other industries and markets, such as spirit wear, corporate wear, uniforms, etc. would provide growth.

Seller Financing Description

Seller financing of up to 50% of purchase price may be available at a 5-year term with interest of 8%. The amount financed will depend on the offered price and quality of the Buyer.

Support & Training

The Seller is willing to provide training at 30 hours per week for 4 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.

Reason for Selling

Seller is retiring.

Detailed information

Year Established: 2022
Home-Based: No
Franchise: No
Relocatable: Yes
Required Licenses:
Is Property Leased: Yes
Real Estate Included: No
Real Estate Available: N/A
Real Estate Value: N/A
Part-time Employees: N/A
Full-time Employees: 17
Building Size: 7500 sq ft
Monthly Rent: $4,500

CA 02100708
NV 1003039

Listed By: Adriana Sargent

Background information

Reference:

SC2112

Year established:

2022

Reason selling:

Seller is retiring.

Operations

Employees:

Part-time Employees: N/A Full-time Employees: 17

Equipment:

FFE (Included): $350,000

Inventory:

Inventory: $60,000

Premises

Facility:

Is Property Leased: Yes Real Estate Included: No Real Estate Available: N/A

Square footage:

7500 sq ft

Rent and lease terms:

Building Size: 7500 sq ft Monthly Rent: $4,500

Location:

Northern California

Opportunities

Growth:

Expanding into other industries and markets, such as spirit wear, corporate wear, uniforms, etc. would provide growth.

Market:

Price and terms

Price:

$600,000

Down payment:

$300,000

Financing:

Seller financing of up to 50% of purchase price may be available at a 5-year term with interest of 8%. The amount financed will depend on the offered price and quality of the Buyer.

Training:

The Seller is willing to provide training at 30 hours per week for 4 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.