Established Screen Printing & Embroidery Company Seeking Investor For Sale

Business description

Well established 20 year company is seeking an investor and or partner to enable the company to finance an additional $3,000,000 in revenues over the next two years. The company is a fully vertically integrated promotional products company and garment manufacturer specializing in graphic design, screen printing, sublimation, and embroidery. Additionally the company offers pattern drafting, cutting and sewing. The company operates out of a modern two story building consisting of 25,000 square feet. It has 4 presses (inclusive of 16 and 14 color screen printers), a sublimation press and two embroidery machines which enable the company to produce 30,000 units a day at full capacity. The company has a reputation as being one of the premier vertical clothing manufactures in the country and recently received the 2008 Grand Champion Award and First Place Digital decoration for sublimation work given by Impressions Magazine. The company has a complete infrastructure of production, design, sales and account management personnel. The company has affiliations within the racing community such as NASCAR, Power Boat, etc.; action sports such as mixed martial arts; surfing and skating community. Additionally the company has corporate and fashion style accounts representing over a data base of 2,000 clients. The company's new facility, equipment, infrastructure and design and expertise capabilities place it at the precipice of moving to the next level. It is currently operating at $2,000,000 and breaking even. The company requires minimally $300,000 to $500,000 which can be infused based on bench mark increments to support sales growth. This coupled with an option to invest an additional $500,000 for a 49% interest as such time that the company achieves $5,000,000 in sales or a market value of $3,000,000 based on a net income of $1,000,000. An investor would be expected to monitor and implement budgetary and cost accounting controls. This is an excellent opportunity as present management has the contracts, sale force and design expertise and recognition to get the business. It simply needs additional working capital to support the growth.

Property information

Real Estate:

Lease

Lease terms:

1.5 years remaining with one 5 year option.

Leasehold rent:

$156,000 per annum

Size in square feet:

25,000

Other information

Support & training:

TBD

Trading hours:

Mon-Fri 8:30am-5pm