- Thank you for your interest in this listing, but it has been sold. You may view other listings from this office.
Register below to save listings to
your account for future reference!
User login
Disclaimer: This site is hosted by Marathon Management Services, LLC (MMS). Each Sunbelt office is independently owned and operated. The information in this listing has been provided to the listing Sunbelt office by the business seller and should be verified by a qualified third-party. MMS, including its affiliates, has no stake in the sale of the business, has not verified any of the information and, therefore, assumes no responsibility for its accuracy or completeness. Read MMS's Terms of Use before responding to this advertised listing.
High Volume Embroidery Shop
SASKABC000-N3
Sunbelt of Saskatchewan
View all listings from this officePhone: (306) 382-5075 (306) 530-7899
Fax: (306) 382-5073
The following broker is assigned to this listing:
Wendell Friesen
sunbelt@sasktel.netCell: (306) 382-5075
Description
This is an excellent, well-run 20 year old business, and one of the largest embroidery shops in Western Canada. It has offered high quality embroidery service to it's loyal customers, who are mostly wholesale marketing companies. High volume shop with large capacity and room for growth. Large, well organized inventory of files from past customer jobs generates repeat business and helps to maintain quality control.Knowledgeable and dedicated staff, some of whom have been with the Company for many years. Good central location in Saskatchewan. Impressive shop with top of the line European equipment in use. Leased premises has reception area, offices, production floor, inventory room, storage racking, and shipping / receiving area. Recent appraisal of assets completed allows flexible financing options. Owners will stay on for a time to train purchaser(s). This is a solid business opportunity. Call soon if you are interested.
Financials
| Asking Price: | $410,000 |
|---|---|
| Revenue: | $621,000 |
| Cash Flow: | $125,000 |
| Downpayment: | $100,000 |
| Monthly Payroll: | $22,000 |
| FF&E Asking Price: | N/A (Included in Asking Price) |
| Inventory Asking Price: | N/A (Included in Asking Price) |
| Financing Available? | No |
Property
Real estate is unavailable for this listing.Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | No |
| Year Established: | 1987 |
| Year Acquired: | 1990 |
| Full-Time Employees: | 13 |
| Part-Time Employees: | 1 |
| Reason For Sale: | Owners ready to retire after 35 years of being in business. |