Textile Mfg – Novelty Knits, Los Angeles County, CA #120508 Unique Op

Los Angeles, CA (Los Angeles County)

Seller Financing Available
Textile Mfg – Novelty Knits, Los Angeles County, CA #120508  Unique Op

Asking Price:$2,950,000

Cash Flow:N/A

Gross Revenue:$3,000,000

EBITDA:N/A

FF&E:$2,000,000

Inventory:N/A

Established:2000

Textile Mfg – Novelty Knits, Los Angeles County, CA #120508 Unique Op

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Business Description

Textile Mfg – Novelty Knits, Los Angeles County, CA #120508

Unique Opportunity Now Available For Experienced Circular Knit Professional Or Garment Manufacturer Who Wants To Control Their Own Destiny And Uniqueness.

Textile Manufacturer With Unique Textile Knitting And Yarn Twisting Equipment Including Fine Cut And Course Cut Circular Knitting Machines Both Single And Doubleknit As Well As Three-End Fleece Machines Is Now On The Market.

Produces Novelty Knits For Both Ladies Fashions As Well As Mens Fashions.

Recently Lost A Major Customer So Sales Are Down But Production Capacity Is Now Available For Garment Fabrics, Sweater Fabrics, And More.

Large Facility With Good Lease.

Seller Retiring But Will Be Available To Buyer For A Negotiated Period Of Time If Desired.

1. Gross Sales 2015: $3,000,000
2. Equipment Valued For Resale At: $2,000,000
3. Seller Will Carry A Note For 50% of Sale Price For Qualified Buyer.
4. Sale Price: $2,950,000.

Business Is Well Established With Excellent Reputation For Quality And Customer Satisfaction.

FOR MORE DETAILS Please Call Either Mike Maiman at 855-343-5544 x309 Or Call Joe Goldberg at 818-342-5222 x313.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Unique Products
Financing:
Yes
Support & Training:
Yes
Reason for Selling:
Retirement

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Mike Maiman

Business Listed By:
Mike Maiman

MKL Agency Broker

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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