Opportunity to purchase running Embroidery Business in Illinois

Chicago Western Suburbs, Illinois (IL)
 

Asking Price:
Gross:
Cash Flow:
$ 325,000
$ 826,794
$ 95,995
$ 400,000 (included in the asking price)
$ 30,000 (included in the asking price)

Business Summary:
This company is a screen printing and embroidery company. The company screen prints on clothing, hats and bags and embroiders on clothing. The clothing collection ranges from tee shirts and polos to sportswear and hooded sweatshirts. A unique combination of advanced equipment and seasoned professionals gets work done quickly and accurately. Other customers include park districts, schools, charity organizations and retail and corporate customers (totaling more than 250 customers).The current owners have invested time and money into building the business to what it is today, an efficient and profitable company. New ownership can take advantage of the foundation built by the current owners by adding a results-oriented sales force.According to a September 2014 report from Global Research and Data Services, the global apparel industry grew by an annual average of 5.1 percent and is predicted to increase by 3.6 percent between 2014 and 2018. Womenswear accounts for 50 percent of the demand, with menswear following at 34.5 percent of the market.

Year Business was Established: 1997

Number of Employees: 6FT 1PT

Owner willing to finance: SBA Financing Available for Qualified Buyer

Reason for selling: Retirement

Seller Reference Number: 3N984
BusinessMart.com Listing Number: 199331

Furniture and Fixtures Value:
Inventory Value:

For more info contact:
Suzanne Pounds
Sun Acquisitions
773-243-1603

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