29-Yr. Old Embroidery with US Navy Right-To-Sell

Not Disclosed, FL
Broward County

No Disclosed

Asking Price: Annual Revenue:
$249,900 $602,288

Services: Advertising & Marketing

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RE: 29-Yr. Old Embroidery with US Navy Right-To-Sell Broker: Anton Joro

Quick Facts

Asking Price: $249,900
Annual Revenue: $602,288
Net Profit: Not Disclosed
Cash Flow: $91,410
Total Debt: Not Disclosed
FF&E: $116,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 10
BBN Listing #: 70704955
Broker Reference #: 1043-13118

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Business Overview:

Seller is considering ALL Offers! This 29 year old Embroidery, Screen Printing & Promotional Products company is very hard to find. The longevity in the business, the location, the low rent, the same original owner and the contracts with the US Navy are just some of the key success points to be considered. Its sales people are permitted to step aboard the navy ships and sell promotional products. Other customers include businesses and retail establishments. Excellent books and records. This a well-oiled machine that runs very well and has been consistent for three decades. The company offers a wide assortment of unique and high quality promotional gifts that your customers or prospective customers will appreciate. The company has an extensive online product catalog and friendly customer service agents. All their promotional gifts can be custom imprinted or laser engraved with your business information, company logo or marketing message and are backed by the company's risk-free 100% satisfaction guarantee. The new owner may consider increasing the B2B side of the business, so advertising knowledge and a go-getter attitude are considered a plus. Either embroidery experience or marketing background are a plus. Seller will hold a note of $75,000 for 5 years at 6% to a qualified buyers. Lender pre-qualified. Business should qualify for Visa.

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Property Features and Assets:

The business is housed in a commercial building, which is owned by the seller. The building is not offered for sale but the owner will consider a long term lease with favorable terms. Assets = $132,000

Market Competition and Expansion:

While there are other screen printing and embroidery companies out there, you will be hard pressed to find one that has the longevity and the US Navy contracts like this great company. The potential for growth is immense given that there are close to 250,000 small businesses in Broward County alone. The company wants to increase the share of that huge market. New owner can also solicit other government agencies and use the US Navy contracts as a selling tool. A buyer with marketing skills can take this company national.

Reason for Selling:

Thinking about 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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