Relocatable, Profitable Textile Company

Not Disclosed, NJ


Asking Price: Annual Revenue:
$1,495,000 $2,316,535

Manufacturing: Clothing, Jewelry


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RE: Relocatable, Profitable Textile Company Broker: Ron Buck
Owner Financing is Available!
$149,500 down/$74,500 over 120 months @ 6.50%/Other Financing.

Quick Facts

Asking Price: $1,495,000
Annual Revenue: $2,316,535
Net Profit: Not Disclosed
Cash Flow: $503,003
Total Debt: Not Disclosed
FF&E: $220,000
Real Estate: Not Disclosed
Year Established: 1964
Employees: 9
BBN Listing #: 22224955
Broker Reference #: 1308-17026

Email or Print Listing

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Business Overview:

Excellent opportunity to purchase a third-generation textile company with decades of satisfied customers in a defendable and profitable niche serving schools, first responders, and corporations. Company has proprietary software and processes that increase quality, customer satisfaction, and margins. 70% of sales are direct-to-consumer. Significant opportunity for growth by expanding the product offering (new products in work), markets served (including professional sports teams), and sales/advertising channels. This turnkey operation comes with a full complement of equipment, customer relationships, and existing and knowledgeable staff. Purchase could be a vertical or horizontal expansion for a strategic buyer or a nice fit for an owner-operator.

Lender pre-qualified for 85% LTV loan for qualified buyer.

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Property Features and Assets:

Operations can remain in the current leased 9,500 square foot location (lease is up for renewal in Fall of 2023), or could be relocated anywhere the buyer would like to operate. Assets = $305,000

Market Competition and Expansion:

The Company does not have any direct competitors due to its proprietary software and processes, but has a few tangential competitors, that offer somewhat related products, several in sub-segments of the market that the Company has not pursued due to lower margins. Significant opportunity for growth by expanding the product offering (new products in work), markets served (including professional sports teams), and sales/advertising channels.

Reason for Selling:

Retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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