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Business For Sale
OUTDOOR CLOTHING MANUFACTURER & RETAIL STORE
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Asking Price: |
$995,000
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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Other Interest |
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Year Established:
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1987 |
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# of Employees:
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20 |
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Yearly Revenues:
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$1,200,000 |
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Yearly Cash Flow:
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$160,000 |
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Yearly EBITDA:
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$160,000 |
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Yearly Net Profit:
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$68,000 |
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Yearly Gross Income:
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$1,200,000 |
Business for Sale Overview:
Profitable high quality outdoor clothing manufacturing and retail store with hand made fixtures in 10,000+ sq ft shop/retail store in beautiful northern Minnesota tourism town. Sales continue to increase monthly with 10 independent contract sewers and 20 full time employees.50% catalog sales and 50% retail.
Property Features and Assets:
2000 sq ft retail area was beautifully remodeled in 2004 and the apartment above has been converted to offices and additional shop space.
Market Competition and Expansion:
One of only a few clothing manufacturers where everything is still made in the USA. Very loyal following for this very high quality line of outdoor clothing.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be 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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