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BUSINESS FOR SALE #S-2076
EMBROIDERY / PROMOTIONAL PRODUCTS
   
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:
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2009 Esti |
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2008 |
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2007 |
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Assets Included in the Sale |
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Total Gross Receipts/Sales |
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282,000 |
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316,448 |
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329,733 |
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Receivables |
10,000 |
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Inventory |
1,000 |
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Adjusted Cash Flow (ACF) |
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$75,000 |
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$82,134 |
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$62,626 |
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Equipment (FF&E@ cost) |
132,000 |
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ACF:
Profit/Cash Flow the business generates to the owner
after adjustments of |
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Franchise Value |
35,500 |
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non-essential expenses, perks, etc. |
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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
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