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Business Valuation
Listing Details
Growing Garment and Promotional Product Manufacturing Company For Sale
Cook County, Illinois 60523
- Ad ID: 382845
- Type: Established business
- Category: Mfg. - Apparel & finished fabrics
- Category: Retail - Apparel & Accessory Stores
Financials
- Asking: Not Disclosed
- Included in the Asking Price: Furniture, Fixtures & Equipment: $250,000
- Inventory: $150,000 (included in price)
- Gross: $2,850,000
- Cash Flow: Not Disclosed
Summary Description
Utilizing some of the latest printing technologies, this company is able to manufacture a wide-variety of garments and promotional products. The business operates at a price point which permits the company to offer these products to lower-end customers filling a broad market demand while still maintaining gross profit margins around 50%. Sales are split between wholesalers and retail end-users. Considering the utilization of variable printing technologies permitting mass production of reasonably-priced, customized products, this industry has a favorable outlook in the future. The company's gross sales have shown significant growth since inception, and building from its foundation of repeat business sales will continue to increase as the company reaches more new customers. In the last several years experienced management has been added to the team, and measures have been put in place to accurately project sales and to maximize operational efficiencies. With the right capital infusion, marketing effort, and management strategy, this company potentially could be grossing over $20 million annually in the foreseeable future. Not limited by geographic boundaries, this business presents unique opportunity for a buyer with a creative personality to expand and grow by increasing distribution channels. Furthermore, by leveraging existing operational efficiencies, a buyer could expand product lines appealing to even more buyers. Considering management is willing to remain in place, this is a phenomenal opportunity for the right acquirer. Contact us today to learn more about this incredible opportunity. Phone: 630-799-8288 / Fax: 866-548-5512 / email: rajiv@tricoventures.com.
General Information
- Year Established: 1999
- Facilities: Business currently rents 13,000 SF, consisting of both office and warehouse space. All furniture, office equipment, and the manufacturing and computer equipment owned by the company are included in the sale of the business. All production equipment which is leased can be assigned to Buyer. All equipment is well-maintained for industry.
Market Outlook
- Competition: Considering the utilization of variable printing technologies permitting mass production of reasonably-priced, customized products, this industry has a favorable outlook in the future. Direct competition in this field is limited. The company's gross sales have shown significant growth since inception. The company serves customers throughout North America. The company utilizes direct marketing campaigns, advertisements in major periodicals and magazines, catalog mailings and internet advertising to reach its retail customers.
- Growth and Expansion: With the right capital infusion, marketing effort, and management strategy, this company potentially could be grossing over $20 million annually in the foreseeable future. Product lines can be added to further diversify the company's position and appeal to a broader market.
About the Sale
- Financing: Financing available for a Qualified / Collateralized Buyer.
- Support/Training: The current owner is willing to transition out of the business over a period of several years, helping to ensure the new owner will continue to grow this successful business. Terms to be negotiated with Buyer.
- Reason Selling: Pursue other interests.
Contact Information
Rajiv Singh, CPA, Esquire
Trico Ventures
630-799-8288
rajiv@tricoventures.com
Prospect Contact Options:
- Require prospect's name
- Require prospect submit standard Confidentiality Agreement