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corporate-apparel.jpg

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.

*Deal Terms: Down Payment of $100,000; Buyer will pay 40% of gross revenues on a monthly basis until the earlier of $225,000 is paid of 15 months.

MBBI Member
Asking Price
$325,000
Gross Revenue
$826,794
Cash Flow
$95,995
State(s)
Illinois
Metro Area
Chicago Western Suburbs
Is this a franchise?
No
Home Based?
No
Can the business be relocated?
Yes
Year Established
1997
Seller Financing Available?
Seller Financing Available for Qualified Buyer
Reason for Selling
Retirement
Real Estate Included?
No
Inventory Value
$30,000
FF&E (Furniture, Fixtures & Equipment)
$400,000
Name
Domenic Rinaldi
corporate-apparel.jpg 1 year ago
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