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Business For Sale
SEWING CONTRACTOR
Attn:
Diane Combes
Los Angeles County, CA, USA
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Listing Number: "11752SFV"
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Listing
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Asking Price: |
$160,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Clothing, Jewelry
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Reason for Selling:
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Designing own line. |
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Year Established:
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1974 |
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# of Employees:
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30 |
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Yearly Cash Flow:
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$100,000 |
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Yearly Gross Income:
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$1,000,000 |
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Monthly Payroll:
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$30,000 |
Business for Sale Overview:
Sewing Contractor located in the Northeast San Fernando Valley founded in 1970 with great reputation for quality work and on time delivery. This company was integral in launching what is now a mega designer brand during its infancy. This clean, upgraded and well maintained facility has 170 high quality sewing machines including Pegasus, Juki and Brother as well as 8 ironing stations with central boiler and state of the art bar code labeling process operating in 12,000 square feet conveniently located near the Interstate 5 and the 170 highway. Employees are experienced, high productivity, long term and loyal with the highest regard for quality. Facility capable of quick turn orders as well as orders programmed out over 2/3 months managed via forecasts. Revenue exceeds $1,000,000 with adjusted net of $100,000 plus. Owners currently launching a new label and cannot manage both endeavors effectively as operating the sewing facility requires their attention full time. Current owners would like to produce their line in the facility after the sale of the company.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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