High End Women's Italian Designer Gloves

New York, NY
New York County

Asking Price: Annual Revenue:
$510,000 $656,000

Wholesale/Distribution: Durable Goods

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RE: High End Women's Italian Designer Gloves Broker: Greg Carafello

Quick Facts

Asking Price: $510,000
Annual Revenue: $656,000
Net Profit: Not Disclosed
Cash Flow: $23,000
Total Debt: Not Disclosed
FF&E: $18,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 239357222
Broker Reference #: 206-00001`

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Business Overview:

40 years old, highly respected Italian Women's leather glove designer looking to retire.
Business needs new energy for trade shows, Marketing and utilizing her 40 plus relationships with many of the major Brands in the industry. For additional information, please contact listing agent Greg Carafello. Please use email reply button of this ad to contact us.

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Property Features and Assets:

This is a leased location of 1,640 square feet with a Total Rent of $6,180. Lease ends 12/2023 with a 5 year lease option. Seller is active in the business with 1 Full Time employee and 1 Part Time employee. Hours of operation are 9 AM to 5 PM, Monday - Friday $100,000 in Inventory and $18,000 in FF&E included in Asking Price. Assets include inventory only!

Reason for Selling:

Owner retiring after 27 years in business.

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.

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