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- RE: Designer Garment Manufacturer - SBA Approved
- Contact: Mark Ilardi
Quick Facts
Asking Price: | $2,300,000 | |
Annual Revenue: | $2,858,491 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $554,448 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 900126891 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This company was founded by an industry pioneer and his son and has deep roots in the world of luxury garment manufacturing. The founder’s illustrious career spans more than four decades, crafting high-quality garments for renowned names like Halston, Bill Blass, Prada, Roberto Cavalli, Ralph Lauren, and more. Over the past 9 years both the father and the son, who is the President of the company, have stewarded this company to become the success that it is today.
Emerging from modest origins, the financial transformation of this company has been remarkable. In 2015, they encountered formidable challenges, but now, in 2023, they confidently project forecasted sales of $2,948,515. Their journey is defined by significant milestones, from securing orders for the Ralph Lauren Olympic Opening Ceremony Jacket in 2018 and 2022 to successfully pivoting during the pandemic to produce critical medical gowns. Throughout this journey, they've consistently demonstrated their resilience and market expertise, with gross sales skyrocketing from $419K in 2018 to an impressive $1.7 million in 2022. Their unwavering commitment to achieving excellence in Technical Outerwear manufacturing underscores their dedication to building an extraordinary brand.
The owners are willing to support the transition as needed.
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Market Competition and Expansion:
Key components of their product and service mix make the company poised for the next phase of growth and are fully scalable for the right buyer. •Technical Outerwear Manufacturing: Their core expertise lies in producing high-quality technical outerwear, including jackets, coats, parkas, and performance apparel. They leverage cutting-edge technology, premium materials, and advanced manufacturing techniques to deliver garments that excel in functionality, durability, and style. •Custom Design and Development: They collaborate closely with their clients to bring their unique design visions to life. The team of experienced designers and patternmakers works diligently to create custom-made garments tailored to meet specific requirements and brand identity. •Small Batch Production: this business enables the team to cater to niche markets and boutique brands. Their agile production capabilities ensure that clients receive exclusive, limited-edition collections with meticulous attention to detail.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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