Business Description
For sale is a 17-year-old Southern California screen printing business that produces designs on apparel and bags and operates entirely in the B2B space. The company’s clients are around 70% large-scale Ecommerce and brick and mortar clothing stores and 30% corporations.
They have over 100 active customers and 80% are repeat clients who order anywhere from daily to monthly. Most of the clients have been with the business for 5-10+ years, though they do experience a lot of new customer traffic via walk-ins and referrals.
The top three customers represent around 80% of revenue (15%, 15% and 50% respectively). The two smaller customers have been with the business for 3 years (one is a music label that recives products for both artist tours and online merchandise) and the 50% revenue customer has been with the business for 15+ years. It should be noted that the largest customer is a broker who only works for this company and is an intermediary to about half a dozen department stores. The other remaining clients representing 20% of revenue are fairly evenly spread-out.
In the past year they have introduced a new system that was custom built to internally manage operations and also has automated invoicing capabilities that has optimized workflow processes across all departments.
They have an office/retail walk-in as well as a 10,000 square foot warehouse where over $1.7M in machinery (entirely paid-off and mostly 2-3 years old) is housed. The owner is looking to exit completely but is open to a long transition and the operations manager would be amenable to staying on and running the company day-to-day so that a buyer could focus on growth and expansion.
| 2020 | 2021 | 2022 | 2023 | 2024 | |
| Revenue | $2,117,357 | $2,638,421 | $2,458,506 | $4,121,265 | $7,462,781 |
| SDE | $510,009 | $500,060 | $457,152 | $568,237 | $1,274,191 |