ADM Endeavors, Inc. (OTCQB: ADMQ), a diversified company operating through subsidiaries in branded apparel, embroidery, screen printing, promotional products and uniform programs, announced today that it is evaluating a proposal to sell a land parcel for approximately $2,518,813, or about $5.56 per square foot. The proposed transaction is subject to customary due diligence, including predevelopment review, rezoning and municipal approval timelines.
Under the proposed schedule, the buyer would be required to apply for and complete a PreDevelopment Meeting within 30 days of contract execution and must apply for rezoning by the July 6, 2026 filing deadline. The zoning case is expected to be heard by the Zoning Commission on or about August 12, 2026, with City Council review expected by the end of September 2026, subject to any city requests, requirements or hearing delays. Following successful zoning approval, the buyer’s earnest money, or a portion thereof, would become non-refundable, providing the company with stronger transaction protection after a key approval milestone.
If the transaction is completed, ADM Endeavors plans to use approximately $1.5 million of the proceeds to pay down its highest-interest building-related loan. Based on current estimates, this debt reduction is expected to lower the company’s monthly debt service by approximately $12,000. The remaining proceeds are expected to support cash flow needs and complete the company’s transition into its new Fort Worth facility.
"This proposed transaction reflects our continued focus on strengthening the company’s financial position while completing our transition into a more efficient operating platform," said management. "If completed, the sale would allow us to reduce high-interest debt, lower monthly debt service and support the final stages of our move into the new facility."
The transition into a consolidated facility is expected to better position the company for long-term operating efficiency, improved coordination across divisions and future growth in branded merchandise, apparel decoration, promotional products and uniform services. For investors, the potential debt reduction and lower monthly obligations could improve the company's financial flexibility and reduce interest expenses, positively impacting cash flow.
ADM Endeavors, Inc. (OTCQB: ADMQ) is a diversified company focused on embroidery, screen printing, promotional products, uniforms, branded apparel and custom merchandise solutions. Through its operating subsidiaries, including FW Promo, the company serves businesses, schools, organizations and commercial customers throughout Texas and across the United States.
This press release contains forward-looking statements, including statements regarding a proposed land sale, expected transaction terms, due diligence milestones, zoning and municipal approval timelines, earnest money terms, anticipated use of proceeds, expected debt reduction, projected monthly debt service savings, cash flow support, completion of the company’s facility transition and future operating efficiencies. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Investors are encouraged to review the company’s public filings and disclosures for additional information regarding these risks and uncertainties.
