Profitable Well Established Apparel Manufacturer

San Francisco, CA
Alameda County

Outside of San Francisco


Asking Price: Annual Revenue:
$1,300,000 $3,400,000

Manufacturing: Clothing, Jewelry


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RE: Profitable Well Established Apparel Manufacturer Broker: Chris Ververis
License #: 02066622
Owner Financing is Available!
$1,300,000 Down Payment and SCN for 48 months at 6.5% interest.

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $3,400,000
Net Profit: $461,960
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $600,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 43
BBN Listing #: 15325142
Broker Reference #: 140-00048

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Business Overview:

42-year established business, industry-leader in apparel manufacturing and it has and unlimited potential for growth. This company is the largest domestic manufacturer of unique apparel accessories, specializing in belts and suspenders, as well as imprinted belts, suspenders, arm bands, leg bands, and sock garters. The company proudly offer items "Made in the USA," with over 400 unique proprietary designs, which prohibits copying by other entities. Custom designs are made upon request from customers. Production equipment utilizes sophisticated machinery, most of which has been custom-designed to ensure maximum productivity and quality. This manufacturer has an established network of reliable, long term repeat customers. Approximately 80% of the sales are distributed domestically, and 20% internationally. Historically, this manufacturer has been a supplier of products to major music & media personalities, including Madonna, One Direction, Willie Nelson, Jane Fonda, Larry King, Mork & Mindy; food industry tycoons, including Gordon Ramsay restaurants and Black Bear Diners; universities, including UC Berkeley; other well-known brands and entities, including Harley Davidson, West Point, King Gustav of Swedish royalty, etc. We supply retailers, wholesalers, and e-commerce customers in many different markets and industries. This is a very stable and profitable business. Relocatable anywhere! It is located in an area that demands high minimum wages and the profit can be doubled if relocated to another more favorable wage state. For additional information, please contact listing broker Chris Ververis. Please use email reply button of this ad to contact us.

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Property Features and Assets:

This is a leased location of 13,000 square feet with a Total Rent of $12,500. Lease has two 3 year lease options. Seller is active in the business with 42 Full Time employees and 1 Part Time employee. Hours of operation are 9 AM to 5 PM, Monday - Friday. $600,000 in FF&E included in Asking Price. $100,000 made in Leasehold Improvements.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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