Screen Printing-Embroidery-Promotional Prds

89

LISTING ID # 34264

This company specializing in Screen Printing-Embroidery-Promotional Products has been in business under the same husband-wife ownership team for nearly 40 years. The wife runs the front-end of the business, handles financial/administrative functions, and can also do embroidery. She is willing to stay on as an employee for up to another couple of years without affecting the stated cash flow of almost $190K. The husband, who is a capable screen printer, would like to retire as soon as possible. However, he will help you train another screen printer, before he parts. Ideally, you are already a screen printer or come with one yourself. Bottom line, you will receive all the transitional support & training you will need to succeed. 2021 was a record year, to the point where some work had to be contracted out. And believe it or not, 2020 was also a pretty good year, especially given how severely the pandemic affected so many other businesses. The owners own the building within which the business resides and are therefore able to offer an extremely reasonable rent of just $2,200/month for 2,250 square feet. The asking price of $350K is just 1.85 times cash flow. Some seller financing may be made available to highly qualified purchasers. Everything is on the books here! Please email the listing broker, Jay Goldman, at jaygoldman@vestedbb.com to make an appointment to meet with the sellers to get a full tour of the facilities and ask some initial questions. If you are new to Vested, please at least become a free registered buyer under listing 34264 at www.vestedbb.com. In order to obtain the name & address of the business right away, upgrade to premium membership.

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Training/Support:

Seller will train

Seller Financing:

350,000.00 Down & Some seller financing may be made available for highly qualified purchasers.

Sale Reason:

Transitioning to retirement