Central Ohio
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Listing Number: 241-22086
Category: Education, Retail
| Asking Price | $1,199,900 |
| Gross Revenue | $1,247,561 |
| Total Adjusted Net Income | $333,957 |
| Equipment / Fixtures | $172,542 |
| Year Established | 1985 |
| General Location | Central Ohio |
Frank Nunziata
- Cell: (614) 325-6206
- Cell: (614) 325-6206
This established Uniform and Spiritwear 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 spiritware to private and public schools throughout the state of Ohio and also has clients in Michigan and West Virginia.
The business has experienced consistent growth over the last 3 years with Sales for 2022 topping $1.2 Million with an Owner Profit of $333,957. The business continues to add additional schools to their already expansive list in 2022 they added FIVE new schools. 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.
The competitors in the market are very small in comparision to this business. The business receives outstanding customer reviews their main competitive advantage is their outstanding customer service, inventory levels that meet customer demands 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. The business also has 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 Six Seasonal Part-Time 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 !!
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