Retail/Wholesale Clothing Distribution

Asking Price$1,200,000

Cash Flow
$251,348
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,102,818

Inventory$800,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Retail/Wholesale Clothing Distribution


Asking Price$1,200,000

Cash Flow
$251,348
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,102,818

Inventory$800,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This is a great opportunity to own a 100-year-old Retail/Wholesale Clothing Distribution Company in Wayne County. Established in 1921 and in its current location since 1960, this 20,000 sq ft business has been supplying garments to State of Michigan, Detroit Public Schools, Detroit Works, Salvation Army, Hospitals, Churches and Municipal Uniforms. Current clothing lines include Dickies, Carhartt and more. Current owner does no advertising…a new owner/operator with some creative adverting/marketing along with adding an online store, shipping nationwide, expanding the hours, offer deliveries and additional lines, you have HUGE potential to the already solid high cashflow! Plenty of warehouse floorspace that can be sub-leased for additional income or expand current operation with additional services. Buyer can buy the business w/wo property. A turn-key operation that will not disappoint! A must see/must have business that will not last long. Seller will train and entertain all reasonable offers! Call Armen Nazarian Business Brokers
*Owner will entertain Seller Financing terms to a qualified Buyer.
About the Business
Years in Operation
102
Facilities & Assets
Established in 1921 and in its current location since 1960, this 20,000 sq ft business has been supplying garments to State of Michigan, Detroit Public Schools, Detroit Works, Salvation Army, Hospitals, Churches and Municipal Uniforms. Current clothing lines include Dickies, Carhartt and more.
Opportunities for Growth
Current owner does no advertising…a new owner/operator with some creative adverting/marketing along with adding an online store, shipping nationwide, expanding the hours, offer deliveries and additional lines, you have HUGE potential to the already solid high cashflow! Plenty of warehouse floorspace that can be sub-leased for additional income or expand current operation with additional services.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
20,000
About the Sale
Seller Motivation
Retire
Transition Support
Seller will Train
Listing Info
ID
2423865
Listing Views
14

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Business Listed by: Armen Nazarian Armen Nazarian Business Brokers

Listing ID: 2423865 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. See our full Terms of Use. Learn how to avoid scams.