Customer Embraced Eco-Friendly Female Apparel Manufacturer

Los Angeles, CA (Los Angeles County)

Customer Embraced Eco-Friendly Female Apparel Manufacturer

Asking Price:$199,000

Cash Flow:$73,000

Gross Revenue:$463,066

EBITDA:N/A

FF&E:N/A

Inventory:$110,000*

Established:2010

*not included in asking price.

Customer Embraced Eco-Friendly Female Apparel Manufacturer

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Business Description

This customer embraced eco-friendly female apparel manufacturer supplies some of the nation’s top retailers its environmentally sound apparel in a growing market segment. The company’s revenues are approximately 90% wholesale to roughly 1,000 retailers, with perhaps 5% - 10% of the business being sold direct to the consumer. The environmentally friendly company donates a portion of its revenues to causes its founders are passionate about. Over $500k has been invested in its success thus far.

Detailed Information

Inventory:
Not included in asking price
Employees:
1
Facilities:
This 1,200 square foot office / warehouse facility leases for under $2,000 per month, plus approximately $1,000 per month for offsite storage in an additional fashion-friendly location. The facility, which is on a renewable lease with terms to be negotiated in the sale, boasts a highly sought after location, onsite parking and onsite advertising. All of the business's furniture, fixtures, equipment, patterns, and coveted high-end boutiques and big box retailer network will be included in the sale. Approximately $110,000 in inventory will be sold at cost at close.
Competition:
Competition exists on several levels in this highly popular and continuously growing product category however this firm already commands a stellar track record and respectable market share with some of the nation’s most reputable retailers – which provide it a distinct competitive advantage.
Growth & Expansion:
This company boasts tremendous growth potential on several fronts. As the owners have been occupied with several non-business related matters, significant opportunity exists for the active owner-operator to attend trade shows (which they have not done) and / or hire additional sales representatives nationwide to further expand the retail base (particularly in two of the east and west coast’s most favorable states), or to create more products to market via their already existing wholesale channels. While the business does do a sizeable amount of direct to consumer retailing, they have not focused on this segment of the business – leaving opportunity to also grow via Amazon, Etsy, or other ecommerce sites or via promotion of their own website!
Support & Training:
2 Weeks at 20 hrs/wk
Reason for Selling:
Personal

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Ryan Clark

Business Listed By:
Ryan Clark

The Veld Group

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Sponsoring Broker:
Michael Wildeveld

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