Denim Services Company

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Enormous Growth Potential!
Asking Price:
$150,000

Gross Revenue:
$291,318
Cash Flow:
$81,192
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,670
included in asking price

FF&E:
$23,500
included in asking price

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Business Description

This business is a Denim Repair and Customization company. They offer reweaving repairs, patches, hems, alterations, customization and much more.

The market demand for the services provided by this company is huge and has barely been tapped. Consequently the growth potential for this business is enormous.

The business comes not only with a detailed website, but with social media accounts that provide many avenues for growth. In short, the company has a great online presence. Their customers come from social media inquiries, word of mouth referrals and exposure at trade shows hosted by retailers such as Bloomingdale's, Levi's and H&M Clothing.

The seller recently moved overseas for personal reasons and has made the decision to remain there. Consequently, she has decided to sell the business. The company is currently being run on a day to day basis by a highly competent manager with remote oversight from the owner.

The buyer of this business will be inheriting well established operating systems that have been recently upgraded and fine-tuned by the seller.

About the Business

Year Established:
2006
Number of Employees:
7
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
870
Rent:
$3,500.00 Per Month
Facilities:
The business is located in an office building.
Market Outlook/
Competition:
There aren't many companies providing the same services as this business. And because the potential market for these services is so great, competition is not an issue of concern.
Growth & Expansion:
The growth potential is enormous. The seller has only scratched the surface of the pent up demand for the services that this company can provide. Her focus for the last two years has been on building the infrastructure to support significant growth. Now that everything has been put in place to support this growth a new owner will be able to capitalize on and benefit from the hard work and significant investment of the seller.
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About the Sale

Reason For Selling:
The seller has moved overseas for personal reasons.
Training/Support:
The manager of the business will train the buyer on a day to day basis, as needed, in order to insure a smooth and successful transition. The seller will also be available, remotely, for training and support.

Listing Info

ID:
1601780
Ad Detail Views:
0

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Business Listed by

Tony Torella

Excelsior Business Group LLC

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U.S. Census Data for New York County, NY
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Source: Decennial Census (2010), United States Census Bureau.

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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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