NOT DISCLOSED, New Jersey
| Asking Price |
$500,000 |
Year Established |
|
|
| Annual Revenue |
$325,000 |
Reason for Selling |
|
|
| Annual P/L |
|
Attention |
Ken Stein |
|
| Annual Cash Flow |
$63,000 |
Listing Number |
945699 |
|
| # of Employees |
2 |
Business Category |
Manufacturing: Clothing, Jewelry |
|
Business Overview:
This is a very unique opportunity to purchase a manufacturer and brand of an acclaimed footwear concept. The brand has received national exposure on TV programs and has generated significant press. Certain circumstances, including Covid along with funding challenges, have prevented this company from being able to fully capitalize on the notoriety the company has received. The founders have therefore decided to sell their concept and business to a group who can realize the success they envisioned. An Ideal acquirer would be an e-commerce company with space in their warehouse, a distribution company looking to get into e-commerce or an entrepreneur with distribution experience. The main founder will stay on to help with the transition and could be available as a full-time hire. All R&D, Trademarks, Manufacturing Channels, Distribution Channels, Web Site, and Inventory will be transferred to the new owner. The heavy lifting related to the concept, R&D, manufacturing, and marketing has all been done. The business just needs the right new ownership to help this business grow and possibly become a National Brand. Please refer to listing number 15436 when inquiring about this opportunity.
Property Features and Assets:
Market Competition and Expansion:
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