Nationwide Sales Timeless Southern-Style Menswear

Montgomery, AL
Montgomery County

Asking Price: Annual Revenue:
Not Disclosed $3,559,500

Retail: Clothing & Accessories

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RE: Nationwide Sales Timeless Southern-Style Menswear Broker: Rick Carlson
License #: 01820673

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $3,559,500
Net Profit: Not Disclosed
Cash Flow: $615,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: 5
BBN Listing #: 451327574
Broker Reference #: 885 Clothing

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Business Overview:

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA.

For more than a decade, this fashionable southern-style menswear company has been designing modern but timeless; classic-inspired men’s button-down, polo and Tee-shirts manufactured overseas and sold to retailers across the county. Initially home-based, the Business was immediately profitable; hit a million dollars in sales its third year and now distributes quality shirts, pants, outerwear, and youth clothing with its signature logo nationwide. Online sales have grown in 2020 and overall revenue is holding steady.

Without a background in fashion or retail, and while competing against much larger brands, the Company generated almost $4 million in gross sales last year and has built a network of 300+ retailers that includes a national chain department store known for carrying exclusive, luxury products.

The Seller attributes the Company’s success to its attention to material, style and details, and designing fresh but classic men’s clothing that appeals to a broad range of shoppers. Three suppliers, located in Peru, South Korea, and China have maintained a high level of quality as the Company has grown; now producing more than 20 products in a variety of sizes.

This style and quality have grown a legion of loyal followers as demonstrated by a social media following of nearly 30,000. Smart, timely and image-oriented posts on three platforms have grown followers on Facebook, Instagram and Twitter organically; without paying influencers or bots. Also not paid, nearly a dozen celebrities and professional athletes who have been seen sporting a variety of logoed items.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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Property Features and Assets:

Facilities: Seller owns the 16,500 square-foot warehouse with 1,100 square feet of office space. The building has four roll-up doors for shipping and is easily accessible off a main road. The property is not included in the asking price. The purchase of the building may be negotiated separately or rented to the buyer for approximately $4,200 per month so flexibility abounds.

Market Competition and Expansion:

Competition: Although inspired by Peter Millar, there are four companies that directly compete for the same shelf space. New materials, new blends, and fresh colors and original designs keeps the Business ahead of competitors and contributes to its steady growth. Growth & Expansion: Is inevitable and positioned well for escalation if Buyer maintains quality and proficiencies. Potential lies in additional seeking new retailers, expanding the current line and building the youth product in addition to implementing a real advertising campaign.

Reason for Selling:

To start a RE development business in which he has

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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