Import/Distribution Textiles

United States

Import/Distribution Textiles
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Asking Price: Get Financing: $100,000

Cash Flow: N/A

Gross Revenue: $360,000

EBITDA: N/A

FF&E: $10,000

Inventory: $400,000*

Lease Rate: $4,500 /Month

Established: 1988

*not included in asking price.

Import/Distribution Textiles

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Business Description

Textile Import and Distribution business established 30 years - Seller is Retiring. Seller buys the fabrics from overseas, imports and distributes fabric in the Los Angeles Garment District. Seller will stay with Buyer for 30 days after Close of Escrow and teach the Business Operation. Business did $716 in 2014, $596 in 2015 then due to illness the sales dropped to average $360K for 2016-2018. Business sales can easily be rebuilt by increasing Inventory for a better selection of colors and type Fabrics. Seller is tired and anxious to sell the business. SELLER IS ANXIOUS ---WILL ACCEPT ANY REASONABLE OFFER!!!!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
11/30/2022
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business is located in 3200 sq ft facility in heart of Garment District of Los Angeles.
Competition:
There is competition but Seller has long time contacts and if he has the right mervhandise he can move it.
Growth & Expansion:
Can increase sales and profit by adding to inventory base,
Support & Training:
Seller will Train for 30 days after close of Escrow
Reason for Selling:
Retirement after 30 years.
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(from currently available funds)
 
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Henry Miller

Business Listed By:
Henry Miller

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