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Profitable Manufacturer/Distributor of Women’s Branded Apparel

Los Angeles, CA (Los Angeles County) (Relocatable)

Seller Financing Available
Manufacturer / Wholesale Distributor of Women’s Branded Apparel
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Asking Price: $1,100,000

Cash Flow: $311,168

Gross Revenue: $2,103,480

EBITDA: N/A

FF&E: N/A

Inventory: $200,000

Rent: $12,000 /Month

Established: 1981

Profitable Manufacturer/Distributor of Women’s Branded Apparel

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Business Description

Profitable Manufacturer/Distributor of Women’s Branded Apparel

Highly Profitable Manufacturer and Wholesale Distributor of Women’s Branded Apparel. PRICED TO SELL! The company manufactures (oversees) and distributes (from their Los Angeles office) private label and branded line garments to independent and major retailers in both domestic and international markets. In business for over 30 years, the company is headquartered in Los Angeles which houses various departments such as Design, Office Services, Warehousing, Production and Shipping department. Long term, trained employees in place – 6 full time including an in-house designer, office staff and 3-4 seasonal employees as needed. All manufacturing is done in Asia by 4 – 5 companies with long-term relationships that are transferable. There are several independent Sales reps in major fashion markets across the US and the company has a key presence at all fashion trade shows with prime positioning. Late last year, the owner hired several new sales reps in the greater New York area which has contributed to higher sales.

The owner has attended 2 major trade shows in the first quarter of 2019 which has resulted in historically high pre-orders and signed PO’s for this year. There are still several other trade shows to attend throughout the year. As per the seller, he is expecting this trend to continue, and he is projecting the company to hit $4M+/- in revenue for 2019 compared to $2.3M+/- in 2017 & 2018. Based on historical cash flow margins over the last 5 years that equates to over $500,000+/- in cash flow.

The brands are known for strong product development and reorder fulfillment. The private label and catalog business clientele base include known retailers like Boston Proper, White House Black Market, Burlington Coat Factory, Macy’s, Nordstrom, Bloomingdale’s, Barneys New York and others. The company primarily features women’s knitwear, sweaters, jackets and coats targeted to the contemporary and specialty markets. 75% of the business is Fall/Winter items. Growth opportunities include expanding the Spring/Summer lines with the existing customer base. Finished goods from China are shipped to Los Angeles for distribution packaged and ready to be delivered to clients.

Purchase price includes $200,000 +/- at cost of active, salable inventory. Seller will carry a note and provide Seller Finance for a qualified buyer with a reasonable down payment. The company has several high growth opportunities that the seller will discuss including expanding to on-line sales on their company website or Amazon, which they currently do not do. Seller is elderly and looking to retire but will consider staying on for up to 9 months. Seller will provide ample training to a qualified buyer. Excellent books and records including tax returns. This is an excellent value at this price and everything is in place for this business to expand and 2019 is looking to be a great year!

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email info@certifiedbizbroker.com to receive a confidentiality agreement and learn more about this opportunity.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
13,800
Lease Expiration:
N/A
Employees:
6
Facilities:
Located in downtown Los Angeles. Industrial – Commercial building with multiple offices, production area and warehouse with shipping area.
Growth & Expansion:
Seller to Discuss
Financing:
Seller will consider seller finance for a qualified buyer with good credit and a sign
Support & Training:
Seller will provide training at no cost to qualified buyer.
Reason for Selling:
Retiring
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Contact the Seller

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Matt Coletta, CBB, CBI, M&AMI

Business Listed By:
Matt Coletta, CBI, CBB

M&A Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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