This established Uniform and Spirit-Wear Apparel business has been in operation for over 39 Years !! The business has had only Two Owners since it began, now the current owner would like to retire. The business provides school uniforms and spirit-wear to private and public schools throughout the state of Ohio and has clients in Michigan and West Virginia.
The business has experienced consistent growth over the last 3 years with Sales for 2023 of $1,296,535 with an Owner Profit of $360,300. The business continues to grow with the addition of Five new schools in 2022 and the expansion of product offerings and student enrollment in their existing school base in 2023.
One new school having student enrollment in excess of 460 students has already been added in 2024. Leading research firms project the Uniform Market to continue to grow at an annual Rate of 6.3% they attribute this expansion and growth to an increase in various government initiatives for improving the education sector, a rise in the children population, and a low infant mortality rate.
As of 2023 and 2024 there is only One competitor in the market. The local competitor is very small in comparison to this business. The business receives outstanding customer reviews their main competitive advantage is their outstanding customer service, inventory levels that meet customer demand which allow their clients to purchase the apparel on the spot without the wait associated with ordering.
The business has a large retail store with changing rooms and a large selection of sizes and choices to meet customer needs. They also have a strong online E-based business where the customer can select and order from a long list of schools without having to visit the store. Included in the sale is a Fully logo'd Van which is used to visit schools for On-site Uniform days held at various schools throughout the state.
The majority of the customer base is upper income people that can afford parochial and private schools which makes this business recession Resistant !!
The business employs Two Full Time Managers and Five Seasonal (July-August) employees. The owner does work the business however is able to take Six Weeks of vacation each year.
The Asking Price of the Business is $1,199,900. This price INCLUDES $400,000 of Apparel Inventory !!!
The breakdown of the Asking Price is >> Asking Price for the Business $799,900 Plus Inventory @Cost of $400,000 Equals a Total Asking Price of $1,199,900.
This is an Outstanding Well Established Growing Business with a Great Owner Cash Flow !!
**Please note that this is a confidential offering. A required buyer net worth statement, proof of funds along with a non-disclosure agreement, will be required to preview the opportunity beyond this listing ad.**
Listing Number:
Category:
Location:
SOLD
Financial Information:
Gross Revenue:
Listed Price:
Total Adjusted Net Income:
Year Established:
General Location:
Hello World
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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Location: Central Ohio
This established Uniform and Spirit-Wear Apparel business has been in operation for over 39 Years !! The business has had only Two Owners since it began, now the current owner would like to retire. The business provides school uniforms and spirit-wear to private and public schools throughout the state of Ohio and has clients in Michigan and West Virginia.
The business has experienced consistent growth over the last 3 years with Sales for 2023 of $1,296,535 with an Owner Profit of $360,300. The business continues to grow with the addition of Five new schools in 2022 and the expansion of product offerings and student enrollment in their existing school base in 2023.
One new school having student enrollment in excess of 460 students has already been added in 2024. Leading research firms project the Uniform Market to continue to grow at an annual Rate of 6.3% they attribute this expansion and growth to an increase in various government initiatives for improving the education sector, a rise in the children population, and a low infant mortality rate.
As of 2023 and 2024 there is only One competitor in the market. The local competitor is very small in comparison to this business. The business receives outstanding customer reviews their main competitive advantage is their outstanding customer service, inventory levels that meet customer demand which allow their clients to purchase the apparel on the spot without the wait associated with ordering.
The business has a large retail store with changing rooms and a large selection of sizes and choices to meet customer needs. They also have a strong online E-based business where the customer can select and order from a long list of schools without having to visit the store. Included in the sale is a Fully logo'd Van which is used to visit schools for On-site Uniform days held at various schools throughout the state.
The majority of the customer base is upper income people that can afford parochial and private schools which makes this business recession Resistant !!
The business employs Two Full Time Managers and Five Seasonal (July-August) employees. The owner does work the business however is able to take Six Weeks of vacation each year.
The Asking Price of the Business is $1,199,900. This price INCLUDES $400,000 of Apparel Inventory !!!
The breakdown of the Asking Price is >> Asking Price for the Business $799,900 Plus Inventory @Cost of $400,000 Equals a Total Asking Price of $1,199,900.
This is an Outstanding Well Established Growing Business with a Great Owner Cash Flow !!
**Please note that this is a confidential offering. A required buyer net worth statement, proof of funds along with a non-disclosure agreement, will be required to preview the opportunity beyond this listing ad.**
Listing Number:
Category:
Location:
Central Ohio
Office: (702) 368-2500 | Cell: (725) 233-3333
License #: BS.0146004
Financial Information:
Gross Revenue
$1,296,535
Listed Price:
$1,199,900
Lease Information:
Square Feet:
5800
Total Rent:
$3,000
Lease Expiration:
12/2025
Lease Options:
One (1) Five (5) Year Option to Renew Longer term can be obtained.
Asset Information:
Leasehold Improvements:
$0
Equipment / Fixtures:
$172,542
Additional Information:
Full-Time Employees:
2
Part-Time Employees:
6
Training Period:
Seller to provide Training and Consultation to ensure a sooth transition to a new owner.
Reason for Selling:
Retirement
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read First Choice Business Broker,
Terms of Use before responding to any ad.
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