Business for Sale Overview:
Established In 1983 - Hours Mon-Friday 8:00 – 4:00 Assets in the total amount of $1,546,150 consisting of Embroidery machines, Machinery and Equipment. Computers & Software (39,290), Auto & Trucks (20,500) included in purchase price. Accounts Receivable and Accounts Payable and Cash in Banks excluded from purchase price. Company occupies a 28,000 sq. ft. building which is owned by the seller. The seller will provide Buyer with a 15 year lease at a rental rate of $18,000 per month. This company is one of the major private label contract silk screening, embroidery and applique operations on the West Coast and employs an average working staff of 80 full and part time employees and two sale representatives. The company has a well known reputation of maintaining the highest qualify standards in the industry and are noted for on time delivery, organization, effective communication and problem solving particularly with challenging screen printing projects. The company is very competitively priced. Down payment required $1,000,000 Seller will finance $500,000
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
FF&E: $1,605,940 (Included in Asking Price).
Seller Financing: Down payment required $500,000. Seller will finance $2,800,00 via a wrap around loan. Facilities: 28,000 Sq. Ft. 15 year lease at a rental rate of $18,000 per month. Management Training and Support: Owner will train Buyer for 30 days or as required.
Market Competition and Expansion:
Market Outlook and Competition: Very few firms silk screen, embroider and applique clothing for private label clothing manufactures.
Reason for Selling:
Seller developing another clothing line.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist 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.