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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

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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. 

List price includes 36k plus sqft commercial building, the business, inventory, and AR. Sellers are seeking parties that are interested in everything. 

- 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. 

Contact the Seller:

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

Reason for Selling:

Retirement

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

Relevant Links:

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