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For Sale: Niche Clothing Accessory Manufacturer - California - Relocatable

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Current Status: Active     Posting #: 239154     Last Refreshed: 7/11/18    
Contact: Owner/Seller At 775-378-4728 Cell  -  Also Email This Contact Below
Price:  Call     Down:  Call     Adjusted Net:  $700,000     Revenue:  $3,000,000    
Attributes:  Training & Support, Relocatable, For Sale By Owner     Cooperation With Brokers?  No
California - Relocatable Niche Clothing Accessory Manufacturer Business For Sale

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  Description About This Posting: Niche Clothing Accessory Manufacturer
Forty-year old established niche clothing accessory manufacturing business is for sale. Potential for growth is unlimited. Owners are retiring.

We are the largest domestic manufacturer of our niche products. We have very unique designs, some of which are unmatched domestically and worldwide. Annual sales volume comes to approximately $3 million. We have an established network of customers. 80% of our sales are distributed domestically. The remainder is exported to countries such as: England, Canada, Australia, Japan, Russia, Sweden, Ireland, etc.

Our business currently employs between 40 and 44 people, including production, office, and management. The office now consists of the company manager, one salesperson, one customer service person, one administrative assistant, as well as one outside part-time accountant. Production consists of between 38 and 40 low-skilled workers.

Our production utilizes sophisticated machinery, most of which is custom-made. We have an established network of domestic and international suppliers for all required materials.

We currently occupy approximately 12,000 square feet of warehouse space, and roughly 1,100 square feet of informal office space. There is no need for formal office space because we conduct our business primarily over the telephone and internet. Infrequently we attend trade shows and do promotional mailings. A larger warehouse space of up to 20,000 square feet would be beneficial in reducing labor costs, streamlining production, and accelerating customer order deliveries.

We currently utilize distribution software that is 40 years old. Implementing new manufacturing software would therefore be beneficial, and would lead to inventory reduction and increase the bottom line.

We currently maintain our outdated retail website only to invite wholesale inquiries. So, while our website sales are presently insignificant, buyer could improve the online company profile to increase internet sales or otherwise expand business visibility online.

An ideal buyer would be someone who is innovative in product design, is capable of acquiring sophisticated manufacturing equipment to help reduce labor costs, and is a shrewd buyer domestically and abroad. This is a hands-on business.

Opportunities for a creative business person are endless.

To get more information about this Niche Clothing Accessory Manufacturer business for sale in California - Relocatable please phone Owner/Seller (Seller) at 775-378-4728 Cell - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #239154 on BizBen.com. In addition to phoning Owner/Seller, make sure you email Owner/Seller above to get more info about this Niche Clothing Accessory Manufacturer, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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  Helpful Resources To Assist In Selling And Buying California Businesses

AJ Rana - Business Broker, San Francisco Bay Area

Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.

Christina Lazuric, CBI, Business Broker - Orange County

California's Premier Brokerage for Selling Orange County Service Based Businesses since 2005! C.B.B. provides a step by step approach to Business Brokerage, Mergers & Acquisitions, Business Consulting and Valuations. We work on creating the best possible presentation for your business!

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence Services

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.

Elizabeth McGovern: Escrow Services - SF Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.


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