Popular Men’s Clothing Manufacturer-3 Subsidiaries

New York, NY
New York County

Located In New York City, NY


Asking Price: Annual Revenue:
$2,200,000 $9,000,000

Retail: Clothing & Accessories


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RE: Popular Men’s Clothing Manufacturer-3 Subsidiaries Broker: Jared Olson
Owner Financing is Available!
12.5% Buyer Down Payment - $275,000 12.5% Seller Financing or Equity - $275,000 75% Bank Loan - $1,650,000

Quick Facts

Asking Price: $2,200,000
Annual Revenue: $9,000,000
Net Profit: Not Disclosed
Cash Flow: $712,832
Total Debt: Not Disclosed
FF&E: $68,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 7
BBN Listing #: 990934398
Broker Reference #: RTL012

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Business Overview:

This well established and stylish men’s clothing label and apparel manufacturer serves the US, Canada, and much of Europe supplying men’s apparel to a variety of retail stores. 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, meaning that this would be the perfect opportunity for someone looking for a company that would run itself with little oversight from that owner. The parent company has 3 subsidiaries also producing men’s apparel, to ensure the highest quality for each of the four labels, the company practices offshoring their manufacturing to 3 different factories located in, India, China, and Pakistan each of which can ship products directly to customers. Though each of these labels is solely focused on men’s clothing, there is ample opportunity for growth moving into the women’s and children’s clothing sectors. The current owner is willing to stay on for 6 months to a year to ensure a smooth transition.

Specializing in creating t-shirts, shorts, hoodies, long sleeves, and button-ups, the company has a well-established online shop where consumers can buy products. This online shop ships products to 8 different countries, including Germany and France. They own 3 other clothing brands under their leading brand, equally 4 altogether; to appeal to all markets. This company also collaborates with up-and-coming musical artists to offer exposure for not only the artist but also for the company. There are 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 staying ahead of the market.

With a price of $2,200,000, and a 12.5% down payment of $275,000, a buyer can expect a return of $431,489 in the first year after debt payments! This is not an opportunity to miss out on! This business continues to preserve essential clients as well as providing excellent products! The company is ready for a new owner to take over the legacy!

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Property Features and Assets:

1,200 sq ft office space in NYC, leased for $12,000 per month. $68,000 worth of equipment, and $300,000 worth of inventory included in purchase price on the day of sale.

Market Competition and Expansion:

Growth Opportunities: Offering services to more private label companies such as Costco; expand into junior-wear and women's 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:

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