New Listing: Branded and Custom Apparel Company
Apr 07, 2023 4:24 pm
This is my listing and it's a fun one! This company could be folded into existing operations or stand-alone.
Branded & Custom Apparel Company
Asking Price:$150,000
Cash Flow:$ 78,178
Gross Revenue:$ 371,214
FF&E:$ 7,000 (Included)
Inventory:$ 60,000 (Included)
Employees:4
Six Design Copyrights!
This combination wholesale/retail apparel company has been growing for the better part of the last decade and now the owners are ready to retire. The Company’s current market is across the Midwest and beyond. Online sales from their website and Etsy present major further opportunities for growth.
Facilities:
There is no retail showroom, only production space. This space is well utilized with very reasonable rent. Lots of very organized storage for inventory as well as work spaces for production. The current operation could be folded into an existing business or moved if desired. This apparel business has the potential to be home-based if a new owner desired.
Competition:
Friendly competition exists in this space, but threats are quickly mitigated by copyrights and a strong customer base on both the wholesale and retail sides.
Growth & Expansion:
The shirt-decorating business is always evolving, with many new business opportunities ready for exploration, including expanding into hats and koozies and iron-on embroidery to name a few. A minimal investment in new equipment could broaden offerings and marketplaces.
Support & Training:
Will train for 2 weeks @ $0 cost.
Financing:
$15K down/$15K over 60 mos. @ 9%/Other Financing.
Reason for Selling:
Retirement
As always, I'm looking forward to hearing from you soon!
Happy Friday,
Josh
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JOSH GRODE WOLTERS, MBA
Business Intermediary
Sioux Falls • Rapid City • Des Moines
2121 W 63rd Pl, Suite 100
Sioux Falls, SD 57108