Import and Distribution of Clothing

New York, NY
New York County

Asking Price: Annual Revenue:
$850,000 $2,349,227

Wholesale/Distribution: Durable Goods

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RE: Import and Distribution of Clothing Broker: D.C. Dergham

Quick Facts

Asking Price: $850,000
Annual Revenue: $2,349,227
Net Profit: Not Disclosed
Cash Flow: $769,908
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 6
BBN Listing #: 108857222
Broker Reference #: 206-21049

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Business Overview:

An established and highly profitable import clothing business is for sale. An importer and distributor of clothes for more than 30 years, the business has been providing competitive prices and timely deliveries in the U.S. market, long enough to achieve growth annually, and to establish a strong relationship with its clients. With the demand increasing, the business is easy to maintain and market. The owner is selling due to retirement, but not before but not before giving you transitional support by training you with and sharing decades of knowledge and experience for a week. This is a great opportunity for those who are looking for an established business with a good source of income, a good attitude required in providing service and making money, good salesmanship, and a good eye for design. There is potential for a higher revenue with the business unaffected by the pandemic. For additional information please contact listing agent D.C. Dergham.

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Property Features and Assets:

This is a leased location of 2,000 square feet with a Total Rent of $7,000. Lease ends 07/2023 with many lease options. Seller is active in the business with 4 Full Time employees, 1 Part Time employee and 1 Independent Contractor. Hours of operation are 8:30 AM to 5:30 PM, Monday - Friday. $5,000 in Inventory is not included in asking price and $30,000 in FF&E included in Asking Price.

Reason for Selling:

Plan to retire.

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.

Relevant Links:

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