Clothing & Apparel -3 International Manufacturers

Manhattan, NY
New York County

New York City, New York


Asking Price: Annual Revenue:
$2,950,000 $11,293,064

Retail: Clothing & Accessories


Request More Information
Contact the Seller

RE: Clothing & Apparel -3 International Manufacturers Broker: Jared Olson
Owner Financing is Available!
12.5% Buyer Down Payment $368,750 12.5% Seller Financing or Equity $368,750 75% Bank Loan $2,212,500

Quick Facts

Asking Price: $2,950,000
Annual Revenue: $11,293,064
Net Profit: Not Disclosed
Cash Flow: $1,197,641
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2001
Employees: 7
BBN Listing #: 879734398
Broker Reference #: RTL012-H

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

This private label clothing design and distribution company designs lifestyle apparel and imports and manufactures the apparel under private labels. With over 20 years of experience in the industry and three individual brands under their parent umbrella, this company has seen significant growth with an annualized revenue of over $10 million for 2022. This business works with three international factories in China, India, and Pakistan and serves a wide variety of retail clients in the United States, Canada, and Europe. Specializing in creating lifestyle men’s wear including t-shirts, shorts, hoodies, long sleeves, and button-ups, this could be an excellent investment and consolidation opportunity for current clothing distributors struggling to break into men’s wear. Their skilled team includes 7 industry leading employees specializing in different necessary areas including design, marketing, sales, merchandising, and logistics. The current owner works remotely, and his responsibilities include general oversight of the company and approving product designs, neither of which require much time in person. The purchase of this business also includes nearly $500,000 in business equity based on the fair market value. There are also ample growth opportunities for new ownership to move into the women’s and children’s clothing fields utilizing their existing client relationships and thriving reputation for high quality and uniquely styled clothing. This business has nearly $800,000 of business equity included in the asking price based on the fair market value and the current owner has agreed to stay with the company for 1 to 2 years in order to ensure a smooth transition. On top of this, not only are the current owners offering to finance 12.5% of the purchase, but with the asking down payment of 12.5%, new owners can anticipate a 203% return on investment in the first year!

While this company’s sales are primarily to private label business, they also have a well-established online shop where consumers can buy products. This online shop ships products to 8 different countries, including Germany and France. They also collaborate with up-and-coming musical artists to offer exposure for not only the artist but also for their brand. There is currently 20+ ambassadors who proudly display their clothing at concerts, musical festivals, and other public events. As far as industry uniqueness goes, they focus on keeping products “complex but simple” and stay ahead of the market.

With a price of $2,950,000, this business not only offers exponential financial assets included in the asking price, it also shows great promise moving forward as it continues to preserve essential clients and is looking for new ownership.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Lease: 1,700/square feet office for $12,000/month.

Market Competition and Expansion:

Growth Opportunities: Offering services to more private label companies such as Costco; expand into junior wear.

Reason for Selling:

Retirement planning.

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.

Documents:

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!