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For Sale: Unique Apparel Accessory Manufacturing Company - California - Relocatable

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Current Status: Active     Posting #: 251418     Last Refreshed: 8/13/19    
Contact: John (Owner/Seller) At 510-701-3000 , 702-410-7693  -  Also Email This Contact Below
Price:  $1,300,000     Down:  TBD     Adjusted Net:  $460K - 660K     Revenue:  $3,000,000    
Attributes:  Training & Support, Relocatable, For Sale By Owner     Cooperation With Brokers?  Yes
California - Relocatable Unique Apparel Accessory Manufacturing Company Business For Sale Unique Apparel Accessory Manufacturing Company Company For Sale California - Relocatable Unique Apparel Accessory Manufacturing Company Companies For Sale Buy, Sell A Unique Apparel Accessory Manufacturing Company Business Selling A California - Relocatable Unique Apparel Accessory Manufacturing Company Unique Apparel Accessory Manufacturing Company Business Opportunity

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For Best Results & Response, Email & Phone This Contact: John (Owner/Seller) at 510-701-3000 and 702-410-7693.

  Description About This Posting: Unique Apparel Accessory Manufacturing Company
42-year established business, industry-leader, unlimited potential for growth. Our Products: We are the largest domestic manufacturer of unique apparel accessories, specializing in belts and suspenders, as well as imprinted belts, suspenders, arm bands, leg bands, and sock garters. We proudly offer items 'Made in the USA,' with over 400 unique proprietary designs, which prohibits copying by other entities. We also create custom designs upon request. Our Customers: We have an established network of reliable, repeat customers. Approximately 80% of our sales are distributed domestically, and 20% internationally. Historically, we have supplied our products to major music & media personalities, including Madonna, One Direction, Willie Nelson, Jane Fonda, Larry King, Mork & Mindy; food industry tycoons, including Gordon Ramsay restaurants and Black Bear Diners; universities, including UC Berkeley; other well-known brands and entities, including Harley Davidson, West Point, King Gustav of Swedish royalty, etc. We supply retailers, wholesalers, and e-commerce customers in many different markets and industries. Vendors: We have an established network of domestic and international suppliers for all required materials. rnrnOur Manufacturing Equipment:rnOur production utilizes sophisticated machinery, most of which has been custom-designed to ensure maximum productivity and quality. The sale includes all such machinery and other equipment required in running the business, with an approximate market value of $750K. Our Workforce: We currently employ approximately 40 people. rnOffice:rn1 part-time office manager who works out of a home office; 1 full-time customer service/sales person (on-site); 1 full-time administrative assistant/bookkeeper (on-site). rnProduction:rn1 full-time production manager; 4 full-time department leaders compensated at $16-22/hour; 30-35 low-skill production workers who require no formal training and are compensated at minimum wage of $15/hour. Cash Flow: Current: Our company is located in the single city in the United States with the absolute highest minimum wage of $15/hour. The company cash flow generated at this location is approximately $460K. Potential: We recommend moving the company out of our city to increase your cash flow by hundreds of thousands of dollars annually. Relocating to a city with a minimum wage at or around $11/hr would increase your cash flow by approximately $300K annually, bringing your cash flow to $760K. Relocating to a city with an even lower minimum wage would increase your cash flow by approximately $500K annually, bringing your cash flow to $960K. Inventory:Our inventory, worth approximately $1.5 million, can be acquired gradually and/or on an as-needed basis to fill your need.

To get more information about this Unique Apparel Accessory Manufacturing Company business for sale in California - Relocatable please phone John (Owner/Seller) at 510-701-3000 and 702-410-7693 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #251418 on BizBen.com. In addition to phoning John (Owner/Seller), make sure you email John (Owner/Seller) above to get more info about this Unique Apparel Accessory Manufacturing Company, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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AJ Rana - Business Broker, San Francisco Bay Area

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Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

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Janet Carrera - Escrow & Bulk Sale Services - SF Bay Area

Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.

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