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World Famous Branded Swimwear Manufacture
| Asking Price: | $9,000,000 | Inventory: | $732,767 ++ |
| Gross Revenue: | $5,921,324 (comments below) | Real Estate: | n/a |
| Cash Flow: | $1,544,281 (comments below) | FF&E: | $53,960 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Jan-June 09 | |||
| Cash Flow Comments: Jan-June 09 | |||
This company has licensing agreements with world wide recognized clothing labels and is a leading manufacture of Ladies, Mens and Childrens swimwear.Net Assets in the total amount of $1,183,872 consisting of Factor Receivable
The licensing agreement is world wide rights and allows the company to manufacture and distribute Swimwear, Tanning Lotion, Boogie Boards, Beach Towels etc. The company ships and sells to 1,972 retail outlets and has Distributors in North America, Middle East, Australia, Canada., Mexico, Brazil, Germany, France, Sweden, Norway and Spain. The company has booked orders and anticipates total gross sales for 2009 at $12,000,000 The company has 15 employees and 6 Independent Sales Reps
Net Assets in the total amount of $1,183,872 consisting of Factor Receivable $1,050,134 Accounts Receivable $6,710 Inventory $732,767 and Accounts Payable $605,739 included in purchase price.
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The licensing agreement is world wide rights and allows the company to manufacture and distribute Swimwear, Tanning Lotion, Boogie Boards, Beach Towels etc. The company ships and sells to 1,972 retail outlets and has Distributors in North America, Middle East, Australia, Canada., Mexico, Brazil, Germany, France, Sweden, Norway and Spain. The company has booked orders and anticipates total gross sales for 2009 at $12,000,000 The company has 15 employees and 6 Independent Sales Reps
Net Assets in the total amount of $1,183,872 consisting of Factor Receivable $1,050,134 Accounts Receivable $6,710 Inventory $732,767 and Accounts Payable $605,739 included in purchase price.
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About the Business
Year Established:2007
Employees:15 full time -
Relocatable:Yes
Facilities:Company occupies a 3,000 sq. ft. showroom and a 3,500 sq. ft. Office/Warehouse Aggregate Rent is $4,870 per month. .
Market Outlook and Competition:Company has world wide licensing rights on 5 brand names no competition.
About the Sale
Management Training and Support:Owner will stay with buyer for 30 days or as required by buyer,
Reason For Selling:Partnership dispute
Seller Financing:Seller will finance $1,000,000 of purchase price
KEYWORDS: Manufacture, swimwear, distributor, wholesale
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Industry: Manufacturing
Segment: Clothing and Footwear Manufacturing Next Listing: Wholesaler of Children's Formal Wear and Hosiery
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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.
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