Apparel -Manufacturer, Distributor, Wholesaler

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Apprarel - Manufacturing - Distribution
Asking Price:
$749,000

Gross Revenue:
$1,273,953
Cash Flow:
$359,260
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$109,485
included in asking price

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Business Description

Manufacturer, Distributor, Wholesaler of a casual line of upscale Trademarked sportswear and accessories. In business since 1980, providing high end quality screen printed trade-marked products. A fashion-forward company offering casual Sports apparel for Men, Women and Kids, including t-shirts, hats, beach cover-ups, sweatshirts, shorts, tank tops, tote Bags, accessories and seasonal items.
Also providing custom trade-marked Designer Pet products including leashes & collars. The Company is highly successful as a niche vendor for Grocery and Drug Store chains and is adding accounts on a regular basis.

All Products, including color and lettering, are designed by an in-house Design Team.

The company’s Sales Representatives service orders and merchandise with High Quality, Custom built, in-store Displays. Sales Reps service the displays on a weekly or bi-weekly basis. The company is committed to service that ensures a clean, neat display constantly being updated with new, hip, and fashionable merchandise to drive sales in store. After careful research of the market, the company introduces many new Products throughout the year, to maintain their Competitive edge. The company’s primary customers are Grocery and Drug Store chains so as to offer the shopper a “one stop” shopping experience. They will print, on any product, the name the customers city or town, at no extra charge, to drive and expand sales for the individual store. Product selection is based on a number of factors, including the Store demographics.

Revenue over the years has grown steadily and is consistently over $ 1,250,000 with Sellers Discretionary Earnings of over $350,000 per year. The business currently occupies a space that is double what it needs and can be moved to a more practical location in the vicinity at favorable market rent. Priced at $749,000 with 20-25% down and SBA financing possible.

About the Business

Year Established:
1980
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
7,500
Lease Amount/Mo.:
$8,700.00
Facilities:
Currently occupying space that is twice as big as needed and the business will need to be moved. Locations in the general area are available to accommodate the operation at favorable rates.

The Company started in 1980 and sold to tourist related outlets, such as Disneyland, Nordstrom’s, & high-end Surf shops in California. The product line evolved to Grocery and Drug stores, where a display is maintained, serviced, and merchandise through our highly trained sales staff. The Company is highly successful as a niche vendor for these customers.
Market Outlook/
Competition:
Not much competition in the space that the business operates and expansion is easily obtained
Growth & Expansion:
Existing clients have been requesting that the company take on more locations and that could be easily accomplished. Expansion into other Grocery and Drug store chains also possible. In addition company could provide outside screen printing on a contract basis.
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About the Sale

Reason For Selling:
retiring
Training/Support:
4 weeks

Listing Info

ID:
1495515
Ad Detail Views:
1343

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Business Listed by

Marshall Pollock

Transworld Business Advisors
License# BRE # 01100886

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Certifications:

U.S. Census Data for San Diego County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for San Diego County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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