Custom apparel company in hot market
Custom apparel company in hot market
Price: $370,000
Location: Tennessee
Industry: Other Services (except Public Administration)
Listing ID: 20201
Custom apparel store that is known for its exceptional service, track record, honesty, dedicated staff and quality workmanship. With more than half of its revenues from repeat customers, the business continues to grow with Nashville’s booming economy.
Revenue is generated from printing logos, messages, custom drawings, and anything imaginable on apparel for customers. The company has the ability to do direct-to-garment printing, screen printing, vinyl, and embroidery. Customers include individuals, companies, non-profit organizations, and schools. The business location is surrounded with some of the largest companies in the area. Fast turnaround times set the company apart.
Total Sales: $480,366
Cash Flow: $93,319
EBITDA: $93,319
FFE Included: Yes
FFE: $50,000
Reason For Sale:
Retiring
Training & Support:
Seller will provide 30 days of training and transition support
Year Established: 2011
Days & Hours of Operation: M-F 9:00 - 6:00, Sat 9:00 - 1:00
Owner Hours Per Week: M-F 9:00 - 6:00, Sat 9:00 - 1:00
Non-Owner Payroll: $55,749
Employees: 3 FT
Managers: Owner manages the store
Monthly Rent: $3,250
Type of Location: Retail lease
Square Footage: 1200
Facilities Information:
Retails space in busy center with high visibility from the street
Owner Qualifications:
Sales and customer-service oriented person would be a good fit for this business
Competition:
Most competition is from online stores that can't compete with the turnaround times this business provides. Also, meeting with the designers in-store can't be duplicated by an online store.
Potential Growth:
The local market has been growing at a record pace, bringing businesses and families to the area. With that growth comes continued demand for the company's products.
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