Apparel Manufacturer - Contracts w/Universities

Not Disclosed, TX
Walker County

8242


Asking Price: Annual Revenue:
$550,000 $1,703,841

Manufacturing: Clothing, Jewelry


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RE: Apparel Manufacturer - Contracts w/Universities Broker: Marcia Bowron
Owner Financing is Available!
Seller financing available

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,703,841
Net Profit: Not Disclosed
Cash Flow: $242,841
Total Debt: Not Disclosed
FF&E: $301,350
Real Estate: Not Disclosed
Year Established: 1987
Employees: 14
BBN Listing #: 282713260
Broker Reference #: 8242

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Business Overview:

This highly successful business, located north of Houston, provides quality promotional products for businesses, universities, organizations, events and individuals alike. Starting as a small shop in Texas, they now have the capacity to print 25,000 pieces a day. Everything they do is printed and designed in-house giving them the ability to meet strict deadlines and personally monitor excellence. Originally starting out as a graphics company in 1987, they added the screen-printing (60% of revenues), embroidery (35%) and engraving of promo items (5%) in 2007, which is where their focus has been ever since. The graphics business is still there and is being sold with the screen-printing business, bringing in an additional average revenue of $200K a year. These numbers are not included in P&Ls presented however. With more focus this graphics line has a lot of potential for growth yet. Very popular in the community, they have awarded several scholarships over the years and received numerous community awards. Contracts with 2 of the largest universities in Texas and licensed with 19 colleges/universities and 47 sororities and fraternities sets a new buyer up for immediate success! Employees know customers well and have good rapport/relationships which has provided them with a great reputation. This company is also an Adidas dealership with huge potential to sell into all the Adidas schools (K-12 and colleges) which they have not focused on. With COVID shutting down Universities this past year, 2020 financials were impacted. However, as kids go back to school in the fall, numbers should recover. Jan/Feb 2021 was equal with pre-Covid 2020. Seller is offering to finance 50% of selling price for qualified buyer. Revenues and Earnings summary presented are 2019 prior to COVID. Please refer to CBB Listing #8242



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Property Features and Assets:

9000sf facility in shopping center and 200sf facility in shopping center

Market Competition and Expansion:

1. Focus on getting more university business from largest competitor. Local presence would be very helpful. Get retail license to sell their products through retail stores. 2. Better implementation of online business, digital marketing, social media. 3. Pursue business with other universities outside Houston area. 4. Pursue Adidas school business.

Reason for Selling:

Seller wants to pursue other project

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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