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Business For Sale
EMBROIDERY BUSINESS-$72K CASH FLOW - 25-30 HRS/WK
Attn:
John Coto
Burlington, MA & Manchester NH, MA, USA
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Listing Number: "ABB282"
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Listing
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Asking Price: |
$89,000
USD USA Dollars
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Business for Sale Industry: |
Services: Printing, Shipping, Signs
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Reason for Selling:
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Seller recently married & joining spouse's business |
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Year Established:
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1997 |
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# of Employees:
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5 Part Time |
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Yearly Revenues:
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$463,322 |
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Yearly Cash Flow:
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$72,336 |
Business for Sale Overview:
The business provides custom embroidery services and sells shirts, caps, jackets, and other items. The business operates from retail locations at shopping centers. This allows the business to market to the high volume of customers at shopping centers. The business started in 1997 so it is a proven concept and enjoys regular customers who have bought from them over the years. Current owner took over at the Mass location in September 2004 and started the business at the NH location in mid 2006. The NH location is operated by employees. The owner spends most of her time (about 25 hours per week) at the Mass location. Included in the price are all the physical assets or the business, the rights to the name, to the lease, to the to the telephone numbers, 2 weeks of training, and a seller non-compete agreement. This is an excellent opportunity to buy a successful business located in two excellent locations and with real growth potential!
Property Features and Assets:
The business leases space on the first floor of 2 different shopping centers. Two locations 1 in MA and 1 in NH.
Market Competition and Expansion:
May be achieved by focusing on an outbound marketing effort, contacting local business and offering their services. An owner who can allocate more time to the business will be able to reduce payroll expenses as well.
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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