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Los Angeles

  • Listing Number: 130-21958

    Category: Wholesale

Asking Price $5,500,000
Gross Revenue $8,836,297
Total Adjusted Net Income $1,942,914
Equipment / Fixtures $25,000
Year Established 1995
General Location Los Angeles
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High-profit women’s apparel company with large, retail customers for sale! This is a unique opportunity to acquire a long-established, women’s clothing wholesaler with loyal, repeat customers in place. With the company’s trend of growing revenue and profit for the last 3 years, this is the ideal time to acquire this company! The company’s secret sauce is its supplier relationships to source product at the best prices and the company’s ability to anticipate what its customers want, leading to low rates of returns and markdowns. The company designs and wholesales various woman’s apparel in both regular and plus sizes, including its own branded line. Offerings include: Blouses, Knits, Crochet, Tunics, Shirts, and Jackets. Clothing is manufactured and sewn outside of the U.S. The company comes with a highly experienced team of staff in place. This clothing company is truly one-of-kind, with little competition considering the company’s size and scale. The company has clean, Accountant Reviewed Financial Statements! The ideal buyer would have a background in the apparel/ garment industry. The company would be a great add-on to another apparel business serving other segments, such as men’s or kid’s clothing. Inventory is not included in the asking price, and a buyer will need to purchase inventory in addition to the business asking price. Seller is also open to receiving offers to purchase the real property. Call 424-272-1773 or email inquiries to: Cecily.vaughn@fcbb.com.

Gross Revenue
$8,836,297
Listed Price
$5,500,000
Total Income
$1,942,914
Base Rent
$26,700
Square Feet
17800
Total Rent
$26,700
Rent Deposit
$53,400
Inventory
Not Included
Leasehold Improvements
350000
Equipment / Fixtures
$25,000
Full-Time Employees
11
Training Period
30 days
Special License Required
Garment Manufacturing, Health Department
Contract Staff
2
Reason for Selling
Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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