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Leading So California Apparel Manufacturer for Sale in Southern California / San Gabriel Valley
| Reference #: |
41190911
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| Location: |
Southern California / San Gabriel Valley
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| Price: |
$1,000,000 |
| Amount Down: |
$500,000 |
| Revenues: |
$1,246,900 |
| Discretionary Earnings: |
$405,700 |
| Total Assets: |
$155,000 |
| Business Description: |
This business is a leading apparel manufacturer focusing on established and emerging designers in the huge southern California apparel market.
Their specialties and core competencies include the following:
- "Made in Los Angeles, USA": is an important factor with many customers, particularly the higher-end apparel market that they service,
- Fast turnaround and short lead times on samples and production as demanded by its designer customers,
- Can adapt to rapidly changing customer requirements and order modifications
- Production flexibility - from short runs as small as 50 units to long runs of many thousands of units,
- Very high quality and long term relationships with staff and vendors,
- Accurate production planning and pricing, and
- Experienced, loyal staff
The business employs approximately 50, non-union workers, offering above norm incentives and bonuses to staff. The majority of new business comes is based upon referrals from existing customers. The business requires that customers provide the inventory for their products, which substantially reduces inventory holding costs and working capital requirements.
Business continues strong in 2011.
Complete and accurate records.
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Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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