Summary
- Asking price:
-
$245,000
- Sales revenue:
- $440,000
- Net profit:
- $80,000
- Years established:
- 1978
- Employees:
- 3ft, 1pt
Business description
This is a family owned and operated business that has been serving the local community for nearly 30 years. It has been a solid performer in the local community; however, there are opportunities to develop a much broader market.
Property information
- Lease terms:
- A large (nearly 5000 sq.ft.) open facility that houses all of the various operations and inludes both production and retail display under one roof. The seller's own the building and are open to selling, or leasing it to the buyer for $3,000/mo. base rent.
Other information
- Expansion potential:
- It is located along a main thoroughfare that gives it high exposure. The business closes during the winter months and would be capable of generating year-round revenue from website exposure
- Competition / Market:
- This place does literally EVERYTHING you could imagine from embroidery and silk screen to trophies and banners. The business is very well known and located in a community of younger people that place a high demand on these services.
- Support & training:
- The owners are willing to provide the necessary training & transition to the buyer
- Reasons for selling:
- Retirement
- Financing available:
- Seller would consider financing a qualified buyer
- Furniture / Fixtures value:
- $105,000
- Inventory / Stock value:
- $20,000