Seller's Contact Information
- RE: Growing Apparel Brand - Wholesale And DTC
- Contact: Steve Lukes
- License #: 01484102
Quick Facts
Asking Price: | $490,000 | |
Annual Revenue: | $1,031,202 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $166,946 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 8 | |
BBN Listing #: | 317111895 | |
Broker Reference #: | BIZEX1407-SL |
Business Overview:
Founder seeks to sell 20% to 40% to a capital partner that can help expand the marketing budget. The brand launched in 2016 and has seen steady growth since then with wholesale and DTC/retail strategies. The brand has been featured on numerous occasions in media outlets such as US Weekly, Vogue, Parents Magazine, People and Baby Center. The founder and seller works 20-40 per week mostly overseeing certain facets of the business.
The company is operated in the Southern California market with staff throughout the region.
- achieved revenue over 1M for the first time in 2021
- 60% DTC and 40% wholesale
- women owned and led company
- suppliers are domestic and overseas
- 165k of SDE in 2021, 2022 will be a similar year
- owner seeking a capital partner to help expand the marketing budget
For more information, visit Bizex.net to complete the Buyer Registration & NDA Contact: Steve Lukes at 310.871.2909 - slukes@bizex.net
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Reason for Selling:
Continue growth.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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