Established Commercial Embroidery Business

Not Disclosed, WA
King County


Asking Price: Annual Revenue:
$179,000 $320,025

Retail: Clothing & Accessories


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RE: Established Commercial Embroidery Business Broker: Claudia Smith

Quick Facts

Asking Price: $179,000
Annual Revenue: $320,025
Net Profit: Not Disclosed
Cash Flow: $89,029
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: 1
BBN Listing #: 74904955
Broker Reference #: 8002-15267

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Business Overview:

A family-owned business specializing in embroidery, screen printing and patchwork on a wide variety of clothing and accessories. The premier embroidery/screen printer on Puget Sound’s Eastside, the business places company, corporate, team and personal logos on items including leisurewear, uniforms and corporate wear. The business serves both large companies and individuals and has strong return clientele. With great market presence and strong cash flow, the business is poised for growth.

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Property Features and Assets:

Operating in the same location since 1991, the business is housed in a light Industrial commercial space maintaining a showroom with a large selection of top of the line outerwear, uniforms, golf shirts and accessories. The majority of the space is in the back of the shop where production takes place. There is 2,400 square feet with a lease rate of $2,541.80/month with lease term until April 2022. The Greater Puget Sound (GPS) region is a perfect location for an embroider/screen printing business. With over 97,000 businesses in the GPS, over 250 schools in the immediate area’s school districts, and countless recreational teams, organizations and events, there are many ideal clients. Meeting with schools, recreational league leaders, large event organizers and business leaders will be a key activity for business development. Assets=$76,400.

Market Competition and Expansion:

The business has built great reputation through 45 years of local operations. The company has 5-star reviews on Yelp and Google and a strong local presence as a member of the Woodinville Chamber of Commerce. Building off local networking, there is a showroom with a large selection of upscale, top of the line outer jackets, sports & leisurewear, golf shirts and backpacks. Also, the business has an established, user-friendly website where customers can submit a request for quote. The business has high customer loyalty and repeat business. Their long term relationships with suppliers and consistent orders drive down their cost of goods sold. Long-standing history and brand recognition in the region gives them an edge when competing against other companies. A leading Pacific Northwest Company in an $8.5 billion industry. Poised for growth as personal and business income rise. There is local competition from other companies and e-commerce sites but the company has maintained and grown the business through outstanding customer service, excellent quality of work, and a strong reputation dating back almost 40 years. Over the last five years, falling unemployment and rising per capita disposable income have stimulated modest growth in the Commercial Embroidery Services industry. Additionally, demand from downstream buyers, which include the administrative and hospitality sectors, has increased. While the decade-long trend of large multifunctional apparel companies integrating embellishment processes into their operations poses a threat to this industry, stable underlying demand from commercial buyers who need to provide embroidered uniforms to an increasing number of employees has sustained industry revenue growth. Industry revenue is anticipated to increase at an annualized rate of 0.2% to $1.1 billion during the current period. Driving growth will come through additional outside sales by connecting with businesses, schools, special interest groups and other community leaders to establish new customers and grow the referral network.

Reason for Selling:

Retirement.

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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