Sporting Goods Embroidery Screen Printing and Trophies Business For Sale

Business description

The business' major focus is on customized embroidery, screen printing and trophies/ plaques for a variety of businesses, schools, non- profit organizations, military bases, industries, and individuals. Team and group sales are the primary market; however, even though the retail component is secondary, it is profitable. The business is part of a buying group which allows it to combine orders to get the lowest manufactures prices.During the
last 6 years the business has had steady growth. Sales for year ending September 30, 2008 are $ 930,321. The business offers a full line of athletic sporting goods, custom uniforms, screen printing, embroidery and trophies. Suppliers include Allison Athletic, Rawlings, All-Star, Adams,Russell, Worth, Easton and Eagle. This is the place to go for litlle league baseball teams, pop warner football teams, soccer teams, tennis teams,
volleyball teams, bowling teams, swimmig teams, hockey teams, lacrosse teams, track teams, wrestling teams and many others. Institutional uniforms such as hats and shirts can be customized. Balls, bats, gloves, hats , shirts, uniforms, and much more! In addition, they offer laser engraving and etching for trophies and plaques.

Property information

Real Estate:

Lease

Lease terms:

The seller will lease the recently constructed 5200+/- sq. ft facility, with additional storage space, to the buyer for $4,500 per month and with other terms to be negotiated.

Leasehold rent:

$4500 per month per annum

Location:

This business occupies a 5200 sq. ft. building space with an additional 1200 sq ft of storage. The Seller will lease the building to the Buyer under terms to be negotiated. The base monthly rent will be $4000, or $9.23 per sq. ft., which is $48,000 annually plus $6,000 Common Area Maintenance and Taxes. The lease term and renewal will be negotiated.

Premises details:

Recently constructed 5200 sq ft plus storage facility will be leased to the buyer at $4500 per month and on terms to be negotiated

Size in square feet:

Recently constructed 5200 sq ft plus storage facility will be leased to the buyer at $4500 per month and on terms to be negotiated

Other information

Expansion potential:

Expansion of the direct sales efforts and additional internet advertising can help accelerate consistently steady growth.

Competition / Market:

The company has about 90% repeat customers and has about 85% share of the market in it''s target area. The target area is expected to continue to grow due to relocations into the area military bases and retirees. People shop here because it is local, convenient, fair priced, provides personal service and they stand behind all products and services.

Support & training:

As negotiated

Reasons for selling:

After 30 successful years the owner is ready to retire

Trading hours:

9- 6 M-F, Sat 9-5

Furniture / Fixtures value:

$140,000 (included in the asking price)

Inventory / Stock value:

$170,000 (included in the asking price)