Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Promotional Apparel Internet Business

LISTING DETAILS
Firms For Sale ID:
34249
Vendor reference:
362645
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$900,000  
Turnover / revenue:
$896,346
Net profit / cashflow:
$360,925

OTHER DETAILS
Reason for selling:
Owners are finding it hard to be to run both the internet side of the business and concentrate on physical production. One partner has recently been diagnosed with brain cancer. The other partner runs another business with his son and they are not able to juggle the demand of both businesses. They believe with a new owner who is interested in growing the business they can create the perfect team.
Support and training:
Sellers will fully support the new owner for a minimum of one year when using the current owners for the print and production. They are looking for a long term collaboration for growth of the business and are open to fair terms that work for both sides.
Business is relocatable:
No
Business is web-based:
Yes
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
For sale is a custom apparel decorating business in Canada. This business prints on apparel (decorated with screen print, digital print, or embroidery) and then products are shipped to the customer.

The business has invested heavily in prior years to develop a large efficient website with an online design platform. This enables users to perform on-line quoting and then progress to creating/uploading their design, choosing a type of apparel and ordering/paying online.

Current owner wants to focus on the physical printing side of the business and hand the internet portion of the business over to a new owner that can do bigger things with it. Overall this is a business that is poised for growth.


Highlights & Key Assets:

o Buys blank (no design) apparel from high quality manufacturers.
o Business name is trademarked, giving any brand name product it creates a legal protection.
o The business is known for its high quality print and timely delivery. As a result, many customers remain loyal and continue to re-order.
o Current focus has been mostly on one province in Canada but can be instantly expanded across other provinces and the US.
o Aged website domain which has had SEO performed on it for many years.
o New PPC campaign created in May 2015 by a proven professional PPC company.
o Power of highly skilled print house to grow the business and maintain the same quality.
o Seller will help grow with the new owner. The new owner will benefit from their in-house expert print production. The new owner will not need to have any stock of any sort.
o The new owner will be able to get into the brand line apparel part of predesign and start to sell directly on the Amazon and Google Shopping feeds. Current owner will print all orders and help the new owner with creations of new design for predesign and branding of apparel.

Expansion Potential
Multiple methods for realizing large upside potential:

o For the existing customers, there are over 5,000 with emails that could be contacted on a periodic basis with a newsletter. Likewise there are over 6,000 prospects with emails that could be contacted with a first time buyers incentive email to convert them into customers.
o The company advertises with radio and PPC only in one province currently. There is easily the potential to expand to other provinces. Likewise an owner could easily move the business to the U.S. and expand into that marketplace.
o Amazon, Google, etc. product feeds is going to be the way to push the predesign products at higher retail sale value, with holding no stock.
o Can create branded apparel with the predesign apparel and sell on the feeds.
o Can add niche product specific domains.
o Add in non-apparel items. At one times they had been selling promotional products but decided to focus on the apparel side of things. They can help the new owner go back into the promotional field when they are ready.
o (SEE PROSPECTUS FOR ADDITIONAL DETAILS)