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- RE: Profitable Outerwear Wholesaler & Embroidery Co.
- Contact: Russell Cohen
Quick Facts
Asking Price: | $2,500,000 | |
Annual Revenue: | $1,997,950 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $465,848 | |
Total Debt: | Not Disclosed | |
FF&E: | $250,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 4 | |
BBN Listing #: | 938331 | |
Broker Reference #: | 1043-18204 |
Business Overview:
Reason for Sale: Retirement- Extremely Profitable Outerwear Wholesaler & Embroidery business. Established since 1995 selling Women's/Men's/Children logo outerwear to High end resorts & mountain resorts. Seller travels to 4 to 5 trade shows per year & has a team of 10 independent Salespeople who handle the US territory. Business is relocatable and can be a great add on opportunity to an existing wholesaler to add an established line. Seller embroiders the resort logo on the outerwear blanks and ships to the client. Seller has set up a retail commerce website to promote their own brand. Retail expansion will allow for greater margins. 10- W2 employees on staff. Great Books & records. $1.3 million worth of wholesale inventory included in the sale. 100 + skews in stock. (4) 12 head + (1) 16 head + (1) 6 head & Single heard embroidery machines included in the sale. $1.3 million worth of open orders as of Jan 2024.
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Property Features and Assets:
Warehouse-13,000 square feet- Lease exp 12/31/2029- 1 - 5 year option.
Assets = $1,550,000
Market Competition and Expansion:
The North Face
Patagonia
LL Bean
Eddy Bauer
Hire more independent salespeople. Grow the retail portion of Renegade internet business.
Reason for Selling:
Retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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