Business Overview:
This highly confidential sale of a company that is the world’s leading manufacturer, designing and producing an ornamental niche product in textile novelty trimmings and has been operating continuously since 1864. This third generation, family-owned business is proud to have its products made in America. It is the only domestic company of this kind producing these products. Their products are used in a wide range of events and industries and supplied to over eighty countries in the world. With 17,495 square feet of manufacturing/warehouse and office space, they offer a multitude of product lines that are rich in color and made of the finest quality materials. With over 8 million pieces in stock, they offer same-day shipping. They are known for their Custom Designs and extraordinary customer service.The owner will stay on for one and up to three years, if offered to insure a smooth transition and success of the brand.
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Market Competition and Expansion:
Market Notes: Well established market position in the industry with a loyal customer base. They have a strong online presence with very positive reviews.
Growth Notes: Growth opportunities through new product development. The business would benefit from an infusion of new energy in their sales efforts.
Reason for Selling:
Exit strategy to retirement.
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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