Contact: Ryan Clark At 310-652-8353 - Also Email This Contact Below
Asking Price: $699,000 Down Payment: $699,000
Annual SDC: $289,913
Annual Gross: $1,076,333
Attributes: Broker-Broker Coop, Lifestyle, Training & Support, Relocatable
This wholesale apparel company does not rely on its own retail presence, although they have a small showroom that produces. They also market direct to consumer via an Amazon store. A buyer may take it upon themselves to relocate the warehouse to elsewhere in the state. While a real estate lease or related assets will be included in the sale, all of the business's furniture, fixtures, equipment and goodwill will be included. Approximately $200,000 in inventory will be sold at cost at close in addition to the asking price.
Note: this company is primarily based in Hawaii, however the owner lives in the mainland U.S.. The Seller feels that Southern California is an ideal market for the company as retail clients are in the islands, but also in the Midwest of the Mainland. Production is in Southeast Asia. They have provided the business can be managed remotely and/or be relocated.
While competition certainly exists in this popular apparel segment on the islands, this company has amassed a loyal following that frequents their largely non-tourist driven retailers and has decades of established clients and industry contacts.
New operators will likely be happy to maintain the status quo within the island chain, but may wish to explore increasing their direct to consumer retail presence. They may also capitalize on the firm's established Polynesian roots and expand into the South Pacific, Micronesia, Melanesia, Philippines or even on the U.S. mainland (where client demand has already been communicated!). In the past, the owners had been more active in attending trade shows and marketing themselves. It would be worthwhile for management to supplement sale representative's efforts in these areas. New operators will likely be happy to maintain the status quo, but may wish to explore launching a male apparel line which may be very popular within the island chain or increasing their direct to consumer retail presence.
They could even experiment with a fashion driven premium line, perhaps using ultra-premium materials. Alternately they may capitalize on the company's established Polynesian roots and expand into the South Pacific, Micronesia, Melanesia, Philippines and especially the U.S. mainland. In the past, the owners had been more active in attending trade shows and marketing themselves. It may be worthwhile for management to supplement sale representative's efforts in these areas, or to explore advertising in n more passive industry trade magazines, etc.
To get more information about this Hawaiian Beach Apparel Company business for sale in
Hawaii - Relocatable please phone Ryan Clark (Broker) at 310-652-8353 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #267206 on BizBen.com. In addition to phoning
Ryan Clark, make sure you email Ryan Clark above to get more info about this
Hawaiian Beach Apparel Company, to ask any questions or request an appointment to see this
business for sale. Thank you.