Successful Custom Embroidery Shop for Sale

Not Disclosed, NC
Mecklenburg County

Less than 30 Miles north of Charlotte


Asking Price: Annual Revenue:
$500,000 $992,619

Manufacturing: Clothing, Jewelry


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RE: Successful Custom Embroidery Shop for Sale Broker: Will Simmons
Owner Financing is Available!
Owners willing to finance up to 20% of the acquisition price.

Quick Facts

Asking Price: $500,000
Annual Revenue: $992,619
Net Profit: Not Disclosed
Cash Flow: $190,211
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1997
Employees: 4
BBN Listing #: 721662509
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Originally founded more than two decades ago, the embroidery shop grew to be one of the leading providers of custom apparel creation services in the central North Carolina area. The owners created the business with more than just profitability in mind, and they prioritize the needs of the customer while striving to complete quality work. The business specializes in custom embroidery, screen printing, and creation of promotional products for various organizations. The company primarily acquires their customer base through personal referrals and word of mouth throughout their community.

The embroidery shop holds longtime success in the apparel industry due to their attention to detail for customer needs, quick turnaround times on apparel creation, and friendly customer service. The company’s emphasis on having a “personal touch” in their work has enabled them to create a unique brand image in their community. In addition to custom embroidery, screen printing, and creation of promotional products, the business does retailing of merchandise for certain organizations in their area, like local businesses and school sports teams. Within the last year, the owners decided to create a storefront on the Walmart Marketplace to begin wholesaling apparel from their suppliers. This has been a huge profit driver for the business and has grown to 20% of the business gross revenues.

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Property Features and Assets:

The embroidery shop conducts business out of an office space which is owned by the current owners and can be included in the sale for an additional $400,000. The office space is used primarily for creation of apparel and accessories. The space is large enough to hold all items necessary to the creation process, including embroidery equipment, vinyl cutting equipment, heat transfer machines, desks, and storage space. In addition, there is also a kitchen and extra space used for operations.

Market Competition and Expansion:

Due to the nature of the apparel industry, there are no significant threats to the embroidery shop’s business model. However, it should be noted that apparel is a a competitive industry, so if the company’s quality of service declines, it is less likely that their customer base will remain with them. This risk is not much to worry about if the business’ high-quality service is maintained in the future. Unlike its competitors, this business has invested into its software and machinery, which has allowed it to scale to meet even the most aggressive customer timelines. This is a key reason why large businesses continue to come back to them for their branded apparel needs.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • 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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