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Wholesaler Of Children's Formal Wear And Hosiery
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $489909
Net Profit / Cash Flow $46831
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1984
Number of Employees 4 - 5
Inventory 430000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will train.
Reason for Sale One partner has to relocate.
Description Business for Sale is a manufacturer and wholesaler of children's hosiery (socks & tights), dresses, boys clothing, suits, tuxedos, and accessories with increasing sales, a reputation for high quality merchandise, and an expandable sales base, which includes international sales. This business has been operating for more than 20 years, has an excellent reputation for quality products, and has undergone revitalization by the current owner. The business has emerged from the revitalization a much stronger company with an improved supply chain. As a result, the business is experiencing increasing sales and its profitability is trending higher.
This company makes an excellent acquisition for an individual with a strong sales background, and the ability to cultivate existing markets as well as developing new ones. It is an ideal acquisition for a company that would like to capture the benefits of either horizontally or vertically integrating.
The buyer will benefit from a strong supply chain producing and distributing high quality products, a brand known for its quality, and an established clientele.
Opportunities to grow this business abound because the current business does not have a dedicated sales manager in place to capture the full potential of their existing markets or to expand into new markets. The ideal new business owner should be confident in sales, be proficient in customer relations, and be able to manage approximately 3 to 5 employees to fully capitalize on the sales upside potential. Potential new owners should register at bizex.net and contact Miles Logothetis at 310-882-2200 ext. 105.
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