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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Screen Printing And Embroidery Business

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1494125
Net Profit / Cash Flow  $227075
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1987
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Reason for Sale  Owner is relocating.
Description  Fantastic Screen printing & Embroidery business for sale. For 22 years, the current owner and founder of this company has been providing high quality work to customers throughout Long Island and the Boroughs. The sales are comprised of about 95% wholesale work and 5% retail (2/3 screen print work and 1/3 embroidery work). The sale includes approx. 2,000 active accounts including school sports teams, athletic clubs, sports leagues, police & fire departments, local small and large businesses, etc.) 2008 Gross Sales were approx. $1,500,000 with a Net of approx. $225,000. The staff includes artists and graphic designers who would stay on with a new owner. This is a retail storefront location, but it can be relocated with little harm to the business. As I mentioned above, there is less than 5% retail sales. Industrial space would be cheaper. In 2009 business has been stable. Every other previous year had shown growth. The landlord is offering a lease with an option to buy the property. We are looking for a serious and qualified buyer with some experience in either screen printing or embroidery. Be prepared to show Proof of Funds for at least $550K to cover the down payment and working capital. Email or call Mel Vaz now to learn more at 631-909-1095.
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