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BUSINESS FOR SALE - PROFILE #  42520038

Corporate Apparel, Uniform and Branded Products
Greater Charlotte Area

Asking Price: $350,000   Down Payment: $175,000  
Gross Revenue: $1,308,541   Adj. Cash Flow*: $55,439  
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Executive Summary
This 15-year-old company incorporated in the state of North Carolina, specializing in three areas, Corporate Apparel, Uniform Programs and Branded Promotional Items. The company initially started out as a promotional products company focusing on corporate and charity golf events. Some of the companies first major events in 2003 included working with Fortune 500 companies in the area.  After successfully learning the promotion products and corporate apparel business, our clients asked us to get more involved with their corporate purchasing. 
The company has focused on growth for the last several years and developing key accounts which included creating online automated company store programs.  They have built a delivery model that can support these online programs for both apparel as well as branded promotional items. Great company for an existing industry player or an individual looking to get into the business with a solid foundation and lots of opportunities to grow. Existing embroidery equipment and major, mulit-year contract are part of transaction.

Acquisition Highlights

  • This company is a 15-year-old company incorporated in the state of North Carolina, specializing in three areas, Corporate Apparel, Uniform Programs and Branded Promotional Items. The company initially started out as a promotional products company focusing on corporate and charity golf events. Some of the companies first major events in 2003 included working with Fortune 500 companies in the area. After successfully learning the promotion products and corporate apparel business, our clients asked us to get more involved with their corporate purchasing. The company has focused on growth for the last several years and developing key accounts which included creating online automated company store programs. They have built a delivery model that can support these online programs for both apparel as well as branded promotional items. The company still maintains a large client list of companies that work with us in the traditional delivery of logo’d apparel and promotional products. Great company for an existing industry player or an individual looking to get into the business with a solid foundation and lots of opportunities to grow.
  • 5 Employees that work from 830 am-5:00 pm Monday-Friday
  • The markets for the company’s products are companies looking for the right uniform programs or promotional products. The company has been successful though referrals and it’s robust website. They pursue opportunities with both small companies and Fortune 500 clients as there is an ongoing need for their company’s products. The market their products via facebook, google plus and twitter.
  • The business is located in the Greater Charlotte Market with a +15,000 square foot facility. This facility includes 5,200 square feet of office space and another 10,550 in a temperature controlled warehouse.
  • Financing Information:  Seller financing on balance
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2003 Inventory: $30,000 Included
Employees: 5 Furniture, Fixtures & Equipment: $50,000 Included
Real Estate:
Building Sq Ft: 15000
    Total Assets Included in Sale: $80,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Adam Petricoff
Phone:  (704) 360-8898
Fax:  (704) 272-4477
Other:  (704) 905-8658
E-mail:  apetricoff@vrcharlotte.com
VR Business Brokers - Charlotte, NC
9301 Monroe Road
Suite L
Charlotte, NC 28270
www.vrcharlotte.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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