Wholesale Textile Screen Printer

Wholesale Textile Screen Printer

Long-term, Repeat Clients

Description: http://imavex.vo.llnwd.net/o18/clients/fixedfee/images/medical.jpgCentral Indiana
Listing Number:
 2523

Financial Information

Asking Price: $859,000 
Real Estate: Leased Facility 
Gross Revenues: $1,083,000
Cash Flow: $298,000
 

Business Description

What a great company and an opportunity for a new owner to step in to a well oiled operation with immediate, stable cash flow day one. The owners currently provide overall management, order entry and bookkeeping. They are not involved in production; their employment teams take care of production. There is no marketing. There is no outside sales force. The orders come in automatically from wholesale partners. How great is that? 

This business can be expanded by creating their own product or by licensing other products. They could also expand their retail operation. The current owners choose to focus purely on the wholesale business and has plenty of it. They are very happy with their business, their customers, and their employees. But, it's time for them to retire and let someone else take the reins.

This business has built a tremendous reputation for quality work. They are dependable and can meet deadlines as needed. Their marketing partners have come to appreciate them as a valued supplier and they have benefited from those long-term relationships. They have also created systems to make it easy to do business with them and partners like everything simple and with no surprises. Focus on what you do best. Do it better than anyone else. Charge a fair price. Everyone wins. 

Seller Discretionary Earnings do not include leasehold improvements or other personal property taken out of the business in 2016. 

This is a very attractive listing and should not last long.

General Information

Facilities: The business has been located in the same 20,000 square foot facility for over 15 years. The building is well maintained and in good condition. The production area, as well as the offices, are both temperature controlled. The facility is leased with a favorable rate. There is only 2 years on the lease, but the landlord has no other known plans for the building if you wanted to extend the lease. $19,000 were spent in 2016 in leasehold improvements to make the building nicer than it already was.

Growth & Expansion: How much do you want to grow? It really is up to you as the owner. The current owners control the growth at 5% - 10% annually so they can maintain controlled growth with no debt and manage employee resources to their advantage. A new owner could grow faster with a more hands-on approach. You can increase revenue by 20% with current facilities and assets, maintaining only one shift. You could add a 2nd shift (full time or part time) in the current location as well. The business could be relocated to a larger facility in the area appropriate to maintain key employees or a second facility could be added in the future. The business is there and could be doubled within 3-5 years with an aggressive owner.

Employees: 14

Financing: A qualified buyer should be able to obtain SBA financing with 20% down

Support & Training: The seller will provide necessary support and training

Reason Selling: Retirement

Contact Information


Contact:
 Scott Lands
Phone: 317-333-6655 x 104

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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