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BUSINESS FOR SALE #S-2076

 

EMBROIDERY / PROMOTIONAL PRODUCTS

 

 POLO SHIRTS  PROMOTIONAL  HEADWEAR  YOUTH ONLY

 

This promotional products business is located in Cincinnati in an area of numerous companies.  The business is able to offer a broad selection of clothing, hats, awards, and promotional products from all major manufacturers at excellent pricing.

 

They perform embroidery in-house with both four-head and single-head embroidery machines, along with heat pressing decals.  They have well established venders that allow them to offer and outsource every type of promotional product with excellent pricing, delivery and quality.  Embroidery and screen printing account for 70-80% and promotional items 20-30% of sales.

 

They have very high repeat business from their customer base which includes companies (90%) and team sports (10%).  Sales are generally 75% from repeat customers.

 

The business owner acknowledges that most customers have “found them” from passive marketing (internet, Yellow Page) rather than from proactive contact with the many companies in their local area.  A new owner who is willing to actively promote the business to companies (especially in their area) will find this is an excellent business to expand sales from a solid base.

 

The business has excellent employees who basically run the business day-to-day.  The business is open standard office hours, Monday to Friday.

 

REASON FOR SALE: 

 

The owner has another desirable business opportunity that dictates the sale of this business.

 

PURCHASE PRICE: 

 

The business is offered at $235,000 based on an asset sale, free and clear of debt. 

 

 

FINANCIAL SUMMARY:

 

 

2009 Esti

 

2008

 

2007

 

Assets Included in the Sale

 

 

 

 

 

 

 

 

 

 

Total Gross Receipts/Sales

 

 282,000

 

 316,448

 

  329,733

 

Receivables

10,000

 

 

 

 

 

 

 

 

Inventory

1,000

Adjusted Cash Flow (ACF)

 

   $75,000

 

   $82,134

 

    $62,626

 

Equipment (FF&E@ cost)

132,000

ACF:  Profit/Cash Flow the business generates to the owner after adjustments of

 

Franchise Value

35,500

          non-essential expenses, perks, etc.

 

 

 

 

 

Total Assets Included

178,500

 

FOR FURTHER INFORMATION CONTACT:

 

KEATE PARTNERS

7783A Five Mile Road

Huntington Bank Building

Cincinnati, OH 45230

(513) 241-3700  Fax (513) 852-8325

www.keatepartners.com

 

 

 

 

 

 

Keate Partners Ltd.

7783  Five Mile Road Suite A

Huntington Bank Bldg.

Cincinnati, OH 45230

(513) 241-3700

(513) 852-8325 Fax

www.keatepartners.com

info@keatepartners.com