NEW LOW PRICE

Decorator of  Souvenirs, Novelties & Ad Specialties

Apparel and Glassware

(New York State – Near Capital District)

Streamlined … with New Low Price and Motivated Seller 

THE BUSINESS: This screen printer / decorator of apparel and glassware sells $ 750,000 of low priced advertising specialties, souvenirs, gifts and novelties at a good profit. It has a 30 years history of sales growth, a straightforward manufacturing process with significant outsourcing and expansion potential. In a congenial suburban location, the company has recently been re-structured to permit high returns with a more compact, less risky operation. Owner is anxious to take on other personal opportunities.

WHY BUY? 

·          Well-established with easily learned manufacturing process, and great upside.

·          Competent, loyal non-union skilled staff in economical labor market.

·          High quality lifestyle in suburban area, with nearby vacation and sports venues.

·          Competitive Niche offers modest sized orders (one gross to 10,000 pieces) at very attractive prices.

·          Consistent Profitability and sales with geographic and customer diversity.

·          Recently established turnkey facility with manufacturing, office and retail, and outsourcing of some production.

.          MOTIVATED SELLER w/ Above Par ROTA (25 %+) and ROE (90 %+) and superior cash flow.

Facilities and Equipment: The leased 3,800 square foot factory / retail outlet has art, decal and screen production, apparel printing and curing equipment, administration and ample adjacent warehouse space for materials and tiny inventory. The staff of six is highly productive and economical, and can significantly increase output as needed. 

Opportunity for Growth: Sellers acquired this established company five years ago and doubled sales and profits with energetic marketing, new web site and catalogue, plant fix up, and adding a synergistic diversifying business. Sales are from trade shows, internet and website, active distributor reps, retail location and repeat clients. A marketing skilled buyer can readily learn the processes and grow sales and profits via new products, intensified marketing and skillfully applied enthusiasm.

Financial: Assets include equipment worth $ 50,000 and a current inventory estimated at $ 10,000. Moderate receivables ($25k) and current payables ($40k) mean low working capital needs coupled with strong profitability and cash flow. The newly restructured business is on target after 9 months for sales of $ 750,000 for the year 2009, and EBITDO of above $ 99,000. New Owner can build on current situation for sales in the $ 900,000  range, and EBITDO above $ 104,000.

 Sumary Terms and Price: A motivated seller who has pressing opportunities to “move on” offers this turnkey and profitable light manufacturer at an aggressive price of $ 225,000 plus apparel ware inventory (at cost, but estimated approximately $ 10,000). Financing is available for a qualified buyer with some manufacturing or marketing experience and $ 45,000 to invest. Seller will consider some financial participation, employment and will assist an orderly transition.