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Quick Facts
Asking Price: | $1,750,000 | |
Annual Revenue: | $1,515,415 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $586,579 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1921 | |
Employees: | 5 | |
BBN Listing #: | 100352001 | |
Broker Reference #: | 0508 |
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Business Overview:
This is a great opportunity to own a 100-year-old Retail/Wholesale Clothing Distribution Company in Wayne County. Established in 1921, this 20,000 square feet business has been supplying work clothes, municipal and school uniforms, construction coveralls, accessories throughout the State of Michigan. 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! 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! Contact Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com
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Property Features and Assets:
This is a great opportunity to own a 100-year-old Retail/Wholesale Clothing Distribution Company in Wayne County. Established in 1921, this 20,000 sq ft business has been supplying work clothes, municipal and school uniforms, construction coveralls, accessories throughout the State of Michigan.
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!
Reason for Selling:
Retirement
Additional Details:
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