Lifestyle Apparel Brand: 3 Unique & Thriving Subs

New York, NY


Asking Price: Annual Revenue:
$2,900,000 $10,019,187

Retail: Clothing & Accessories


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RE: Lifestyle Apparel Brand: 3 Unique & Thriving Subs Broker: Jared Olson
Owner Financing is Available!
10% Buyer Down Payment $290,000 15% Seller Financing $435,000 75% Bank Loan $2,175,000

Quick Facts

Asking Price: $2,900,000
Annual Revenue: $10,019,187
Net Profit: Not Disclosed
Cash Flow: $1,128,991
Total Debt: Not Disclosed
FF&E: $168,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 7
BBN Listing #: 898734398
Broker Reference #: RTL012-F

Email or Print Listing

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Business Overview:

This lifestyle apparel brand designs and imports a variety of clothing for their international private label client base. 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. The purchase of this business also includes nearly $500,000 in business equity based on the fair market value, and $468,000 in assets including equipment, inventory, and working capital. 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. 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. Their skilled team includes 7 industry leading employees specializing in different necessary areas including design, marketing, sales, merchandising, and logistics. 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. 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.

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 $2,900,000, and a 10% down payment of $290,000, a buyer can expect a return of $741,911 in the first year after debt payments! This business continues to preserve essential clients as well as providing excellent products and is looking for their next owner.

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Property Features and Assets:

Assets Included in Purchase: $468,000; Equipment: $68,000 Inventory: Ranges between $200,000 - $2M; inventory is held for 2-10 days, it is not traditional long-term inventory, as it is all for prebooked sales. There will be $300,000 in inventory included on day of close. Any amount over/under will be adjusted from the purchase price. Working Capital: $100,000 included.

Market Competition and Expansion:

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

Reason for Selling:

Retirement, bought a farm outside of sale.

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:

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