Retail/Wholesale Clothing Distribution
Not Disclosed, MI Wayne County
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- RE: Retail/Wholesale Clothing Distribution
- Contact: Armen Nazarian
Quick Facts
| Asking Price: | $1,200,000 | |
| Annual Revenue: | $1,102,818 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $251,348 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1923 | |
| Employees: | 5 | |
| BBN Listing #: | 999828 | |
| Broker Reference #: | 746 |
Business Overview:
This is a great opportunity to own a 100-year-old Retail/Wholesale Clothing Distribution Company in Wayne County. Established in 1921 and in its current location since 1960, this 20,000 sq ft business has been supplying garments to State of Michigan, Detroit Public Schools, Detroit Works, Salvation Army, Hospitals, Churches and Municipal Uniforms. Current clothing lines include Dickies, Carhartt and more. Current owner does no advertising…a new owner/operator with some creative adverting/marketing along with adding an online store, shipping nationwide, expanding the hours, offer deliveries and additional lines, you have HUGE potential to the already solid high cashflow! Plenty of warehouse floorspace that can be sub-leased for additional income or expand current operation with additional services. Buyer can buy the business w/wo property. A turn-key operation that will not disappoint! A must see/must have business that will not last long. Seller will train and entertain all reasonable offers! Call Armen Nazarian Business Brokers
*Owner will entertain Seller Financing terms to a qualified Buyer.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Established in 1921 and in its current location since 1960, this 20,000 sq ft business has been supplying garments to State of Michigan, Detroit Public Schools, Detroit Works, Salvation Army, Hospitals, Churches and Municipal Uniforms. Current clothing lines include Dickies, Carhartt and more.
Market Competition and Expansion:
Current owner does no advertising…a new owner/operator with some creative adverting/marketing along with adding an online store, shipping nationwide, expanding the hours, offer deliveries and additional lines, you have HUGE potential to the already solid high cashflow! Plenty of warehouse floorspace that can be sub-leased for additional income or expand current operation with additional services.
Reason for Selling:
Retire. Kindly ask the seller for more information.
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:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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