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Business For Sale
WHOLESALE EMBROIDERY SHOP
Attn:
Wendell L Friesen, CA
Not disclosed, Saskatchewan, CA
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Listing Number: "L1004"
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Listing
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Asking Price: |
$410,000
CAD Canada Dollars
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Business for Sale Industry: |
Manufacturing: Clothing, Jewelry
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Reason for Selling:
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Owners are retiring. |
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Year Established:
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1987 |
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# of Employees:
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12 |
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Yearly Revenues:
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$621,000 |
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Yearly Cash Flow:
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$125000 |
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Yearly EBITDA:
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$81000 |
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Monthly Payroll:
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$22,000 |
Business for Sale Overview:
This is an excellent, well-run 20 year old business, and one of the largest embroidery shops in Western Canada. It has offered high quality embroidery service to it's loyal customers, who are mostly wholesale marketing companies. High volume shop with large capacity and room for growth. Large,well organized inventory of files from past customer jobs generates repeat business and helps to maintain quality control. Knowledgeable and dedicated staff, some of whom have been with the Company for many years. Good central location in Saskatchewan. Impressive shop with top of the line European equipment in use. Leased premises has reception area, offices, production floor, inventory room, storage racking, and shipping / receiving area. Recent appraisal of assets completed allows flexible financing options. Owners will stay on for a time to train purchaser(s). This is a solid business opportunity. Contact us soon if you are interested.
Property Features and Assets:
Centrally located in leased premises of 5,000 sq. ft. at good rate, expiring December, 2010. Quality and heavy duty equipment includes several 6, 12 and 24 head embroidery machines. Some room for expansion in the present location.
Market Competition and Expansion:
One of the largest shops in western Canada, very little competition when dealing with higher volumes. Some smaller competitors who become customers when they receive larger orders.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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