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Listing Number: 2089

screen printing/embroidery/vinyl graphics Business for Broker in Norfolk County, Massachusetts

Business:screen printing/embroidery/vinyl graphics Business for Broker
County, State: Norfolk County, Massachusetts
Business Type: Screen Printing (T-Shirts & Ad Specialties, Professional Services

Summary Description

Long term (10 years) established business with real estate offering services in screen printing, embroidery, and vinyl graphics. Parital cash business with repeat customer base coming from Fall River up to Boston. Business owns $250,000 worth of artwork (graphics) used to generate repeat business and additional sales of different services (i.e. vinyl graphics for automotive/truck advertising). Real estate includes residental home with B2 zoning (commerical) that could also be converted into multi-family housing; garage, and 18 month old barn (2400 SF including full basement) that business operates in. Business has both contract customers and retail customers. Business is total turnkey with replacement value of equipment and software of $650,000. Business did $300,000 in gross sales 2 years ago but due to forced relocation (MBTA expansion) the owners experienced a dip in revenue. Business activity is starting to reach the level it was at in prior years. Last year business was closed for one month due to death in the family. List of software and equipment available upon request. Real estate has been appraised at $550.000. Current owner currently does not advertise (except for phone book).

About the Sale

Asking price: $900,000 (USD)

Financing: $800,000 down and 100,000 @ 8% over 36 months

Total Revenues: $175,000 (USD)

Cash Flow: $79,480 (USD)

Reason Selling: Health; owners are moving out of state

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