Custom Embroidery Shop-Great Opportunity!

File# C2448
Location: Oakland County
Business Price: $150,000
Down Payment: $75,000
Monthly Payment:$2,281.65
Interest Rate: 6%
Amortization Period:3 years
Gross Sales: $276,644
Source: 2017 Tax Return
Cash Flow: $121,977
Source: 2017 Tax Return
Inventory: $75,000+/-
Days Open: 6 Days
Business Hours: Mon-Fri 10am-6pm, Sat 10am-4pm
Seats: NA
Parking: ample
Licences Required:Sales Tax
Year Established:1930
Year Acquired: 1990
Monthly Rent:$1,324.17 + CAM approx $500.00/mo

Profile:

This is a great opportunity to own a Custom Design Embroidery Shop. This unique shop specializes in embroidered sports apparel for high schools, colleges, and businesses. This business has an established quality reputation serving most of the surrounding high schools for decades. With a large runway for growth, you will have specialized software with 25,000 designs to embroider just about any word or logo imaginable. This business has a high gross profit margin and it is priced to sell under 2X seller’s discretionary cash flow. It’s located in Oakland County and strategically located close to key high school customers. 30 days training & support is provided. This business is high quality, great value, and cash flows over $120,000 for 2017. Make your appointment today!

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.