Sold
Promotional Items and Embroidery Business ***Triangle Area***
The business was established over 24 years ago. It specializes promotional and gift items, digitizing and custom embroidery for service organizations, Fraternities and Sororities. The company is a licensed Greek vendor and serves most of the colleges in North Carolina.
Listed By: Rob Norris
Ad#:2228974
Listed By: Rob Norris
Background information
Reference:
2029-RN
Year established:
1998
Reason selling:
Retirement
Finance
Sales:
$1,503,000
Profits:
$353,000
Operations
Employees:
9
Equipment:
N/A
Inventory:
Included in asking price
Premises
Facility:
The facility is a a 5,000 sq ft leased space that includes retail and production areas.
Rent and lease terms:
$5,000 per Month
Location:
Research Triangle Park, NC
Opportunities
Growth:
A new owner could add an outside sales person in addition to attending trade shows and events to expand the sales revenue. Direct marketing and digital marketing could be enhanced to create brand awareness.
Price and terms
Price:
$900,000
Training:
30 days of transitional training. The owner would be available beyond that in a consulting capacity.