Specialty Clothing Retailer with Added Embroidery

Not Disclosed, NJ

Asking Price: Annual Revenue:
$344,900 $1,137,033

Retail: Clothing & Accessories

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RE: Specialty Clothing Retailer with Added Embroidery Broker: Richard Collins

Quick Facts

Asking Price: $344,900
Annual Revenue: $1,137,033
Net Profit: Not Disclosed
Cash Flow: $154,187
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 298555492
Broker Reference #: 45783-244991

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Business Overview:

This thirty old business has state and local governments as customers as well as local businesses. The business also provides clothing for auto repair, janitorial services and pretty much any business that provides clothing/uniforms for its employees.
While this side of the business is stable and profitable and trades at a decent multiple, expanding the business in general and focusing on expanding the screening side of the business would not only increase profitability but would also expand the valuation multiple relative to the traditional business.

The business is housed in a commercial condominium set up as a warehouse and offices. The space also has a security garage door type entrance in the rear of the building.

The business owner also owns the condominium the business is hosed in. A buyer can lease the building for $2,000 a month and the term of the lease can be discussed with the owner. The condominium is also available for purchase.

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Reason for Selling:

Other business interests.

Additional Details:

  • The property is owned.
  • The owner is not 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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