Wholesaler of Children's Formal Wear and Hosiery
Asking Price:   $700,000Inventory:   
Gross Revenue:   $429,122Real Estate:   n/a
Cash Flow:   $1FF&E:   $30,000 ++
++ included in the asking price         ** not included in the asking price
Business for sale is a wholesaler of children's hosiery (socks & tights), boys clothing, suits, tuxedos and accessories. Their expandable, global customer base make large orders for the same styles time and again, helping to secure solid, repeat customers that aren't able to find their favored or even required items anywhere else. The current owners have secured patents that preclude any other wholesaler or manufacturer from making their proprietary styles. Another benefit to the new owner is that the current owner has found new suppliers and manufacturers that will significantly reduce their costs of goods sold. The captive customer base, their unique merchandise, and the low costs of goods sold all come together to hold repeat orders, almost no expiring inventory, the highest level of quality, exclusive merchandise, and large margins. 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 capture abundant sales in new regions across the globe. 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 David Chung or Miles Logothetis at (310) 882-2200 ext. 105 or 103 or email to dchung@bizex.net or mlogothetis@bizex.net for more information on this exciting opportunity.
About the Business
Year Established:1984
Employees:4 full time - 0 part time
About the Sale
Reason For Selling:Partner started a home-based business to spend more time with family.
Seller Financing:Call

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Re: BizQuest ID:941303
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Business Listed By
Michael Davidson  |  BizEx Business Brokers
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Industry: Manufacturing
Segment: Clothing and Footwear Manufacturing

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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.