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Business For Sale

HIGH END HOME TEXTILES DISTRIBUTOR

Attn: Melvin Vaz
New York County, NY, USA
Listing Number: "10160 Vaz"
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Asking Price: $1750000 USD USA Dollars
Business for Sale Industry: Wholesale/Distribution: Durable Goods  
# of Employees: 9 Full Time
 

Business for Sale Overview:

High End Home Textiles Distributor based out of Manhattan. Please Note: This business is only suitable for a buyer with sales, marketing and distribution experience. All buyers must show at least $1,000,000 in liquid funds to learn more. Please do not inquire unless you can do so. This is a fantastic company that is poised for international growth. The specialize in home textiles such as decorative pillows, bedding & accessories, curtains, throws and other bedroom decor. All customers are national retailers including JC Penney, Bed, Bath & Beyond, Linens & Things, Home Goods, etc. A unique aspect of this sale is that the owners of this business also own a partnership interest in the manufacturing facility in China. They also have a bilingual staff in China that handles quality control. That staff is considered part of the distribution arm and would continue on with a new owner. In 2007 Gross Sales were $4,557,010 with a Net of approximately $633,000. The reason for sale is due to the current owner's young family and commuting constraints.


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