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This Business has been Sold!
Closing Date: 12/22/2020
Business for Sale Summary

Screenprinting & Embroidery in NY - 33721

Business Type: advertising/ printing,mfg businesses,misc. service/non-classifiable,misc. wholesale/distribution/non-classifiable,other business services,printing/publishing,owner financing available,wholesale/dist businesses,screen printing - embroidery-promotional products
Sold
Screenprinting & Embroidery in NY
On December 22nd 2020, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of MA
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $360,000 Down Payment $260,000
Gross Revenues $1,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View

Financing

$260,000 Down and $100K over 3 yrs. @ 6%.

Business Description

High Volume Screenprinting & Embroidery. Established in 2008, this business services largely wholesale accounts with contract printing. The business comes fully equipped and turn-key. The operation is fully staffed with 12 F/T and 5 P/T employees offering excellent customer service. In the past full year the business grossed approx. $1.3 mil. with an owner's cash flow of approx. $130K. This business can be folded into an existing retail screen printer seeking to expand or added to a promotional products business. They currently occupy a 5,000 sf facility. We are seeking a serious and financially qualified buyer with at least $260K in liquid funds to cover the down payment. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.