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- RE: Home Textile Goods Manufacturer With Property
- Contact: Steve Lukes
- License #: 1484102
Quick Facts
Asking Price: | $16,735,850 | |
Annual Revenue: | $6,006,169 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $703,833 | |
Total Debt: | Not Disclosed | |
FF&E: | $120,000 | |
Real Estate: | $11,760,850 | |
Year Established: | 37 | |
Employees: | 27 | |
BBN Listing #: | 991915 | |
Broker Reference #: | BIZEX1471-SL |
Business Overview:
A distinguished textile manufacturing and distribution company with over 35 years of industry experience. This well-established business excels in manufacturing, wholesale and retail operations, including a presence on Amazon and other major online retailers. Renowned for its high-quality home goods textile products and strong brand reputation, the company boasts a loyal customer base and generates consistent annual revenues of $6+ million, with Seller's Discretionary Earnings (SDE) of $704,000 (1.12M without market rate rent - CRE available). Crafted in their Los Angeles area manufacturing location, this business brings comfort and luxury into the home with products from modern, to transitional, and traditional, with selective textile from around the world. Recently began offering pet products as well.Â
List price includes 36k plus sqft commercial building, the business, inventory, and AR. Sellers are seeking parties that are interested in everything.Â
- 704k of SDE includes 420k per year of market rate rent. 1.12M of earnings without rent
- Lot size is 51K sqft with a 36k building
- Minimum of $1M worth of inventory included in the offer price
- 600k of Accounts Receivable included in the offer price
- Seller's will retain Accounts Payable
- $11,760,850 for real estate and 4.975M for business, 16,735,850 combined
- Key Highlights: Diverse Business Model, Established Clientele, Prime Real Estate, Valuable Assets, Seller Support post-close
 Parties interested in both the business and commercial real estate are prioritized.Â
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Reason for Selling:
RetirementAdditional 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
Relevant Links:
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