Share This Info:  
BizBen Posting Details

For Sale: Apparel Accessory Manufacturer - San Francisco

Save This Posting    Share This Posting    My Notes    Print    Monitor    Report    Add A New Posting

Current Status: Active     Posting #: 253473     Last Refreshed: 7/18/19    
Contact: Ryan Clark At 310-652-8353  -  Also Email This Contact Below
Price:  $1,300,000     Down:  Call     Adjusted Net:  $478,697     Revenue:  $3,233,555    
Business Address:  None Given     City:  San Francisco     Zip:  90069    
Attributes:  Financial Assistance, Training & Support     Cooperation With Brokers?  No
San Francisco Apparel Accessory Manufacturer Business For Sale

  Email Ryan Clark Below About This Posting
Your Name:
      Your Email:
      Your Phone:
Your Questions And Message To Ryan Clark: 

No Spam
For Best Results & Response, Email & Phone This Contact: Ryan Clark at 310-652-8353.

  Description About This Posting: Apparel Accessory Manufacturer
This well-established apparel accessory manufacturer is an incumbent player in a niche segment of the functional work-wear and fashion markets. It's the largest U.S. producer in its category and despite offshore competition significant upside potential exists to maximize its returns. They are able to draw from over 400 of their proprietary designs and patterns. The enterprise is set up to be semi-remotely managed with only 3 office staff and 1 production manager onsite. Their wholesale, retail and ecommerce customers include the industry's leading brands.

The business operates from a 13,000 square foot facility that will lease for $9,000 plus $1,000 in monthly common area maintenance expense. The Seller will provide a flexible new one year lease with the anticipation that the buyer will relocate the enterprise to capitalize on the extraordinary wage savings potential. While largely depreciated the company's highly specialized equipment would cost an estimated $900k to replace. It has been specifically engineered to efficiently create the fashion accessory products with a minimum of training necessary. As a result, the owner feels there are few key employees. All of the business's necessary furniture, fixtures and equipment will be included in the sale with the only exceptions being the owner's personal items. The company's 42 years of goodwill and work in process will transfer in the sale. Cash and approximately $500k in Accounts receivable will not be included. An estimated $1.8 million in raw material and component inventory will be sold at cost at close in addition to asking price.

Though difficult to determine, this firm estimates that it is the largest domestic producer in its ever popular product category. The firm has the capacity and equipment necessary to tremendously grow revenues. In fact, they once had 35% more workforce. Management feels that diminishing returns sets in from a tax, management and operational standpoint. If the company were to relocate to a lower cost environment, it would make sense to add a layer of management and sales resources and to bolster production. As an industry veteran with artisan style workmanship practices, they are poised to gain market share.

Significant opportunity for growth exists on several fronts. As the company is located in one of the most costly cities to do business in in the country, a buyer may realistically realize a near $500k annual savings in wage expense by moving the business to a state with a lower wage and tax expense such as Nevada or Texas. The owner devoted an estimated from 20 to 30 hours per week to the firm, and it no longer attends trade shows or heavily engaged in marketing and promotion.

A customer service oriented full-time working owner, or one with management expertise managing a sales team or appointing sales representatives nationwide may boost top line sales. While a burgeoning direct to consumer marketplace exists for this ever popular product, the business has maintained a wholesale focus to avoid any potential channel conflict, but also due to the lack of in-house B2C marketing and ecommerce experience.

Finally, the company is a long-standing producer for several well-known brands. These relationships may be capitalized on and expanded into complementary product categories such as web belts, ties, hats, socks, tee shirts, camp shirts or novelty clothing accessory products where opportunity exists. Similarly, the company may target additional well-known brands or artists in the automotive, sport, music or beverage industries to produce for. They may also aggressively pursue the corporate or the event private label market, do a deeper dive into work wear (which represents about 30% of their revenues), further develop customized products for the first responder or Department of Defense markets or pursue becoming a military supplier.

To get more information about this Apparel Accessory Manufacturer business for sale in San Francisco 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 #253473 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Apparel Accessory Manufacturer, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

  Related Links And Information Regarding This Posting
Notes
My Posting Notes


  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.

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.

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.

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.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

Getting An SBA Loan To Buy A Small Business: Dispelling Some Major Myths

When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA (at 925-785-3118) a business purchase financing expert delves into the myths and facts regarding SBA loan financing.

Financing A Business Purchase With Limited Or No Real Estate Collateral

In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA (Business Purchase Financing Expert) at 925-785-3118 shares his experience.

What Should I Do If Other Buyers Are Trying To Buy The Same Business As Me?

Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Potential small business buyers are offered a few key ways that a buyer can beat out other potential business buyers in this article.

Sellers Ask: How Long Should I Wait For The Buyer To Do Their Due Diligence?

Business sellers & buyers ask the question in the buying process-how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.

Buyer Beware: Does A Company's Culture Effect The Sale Of A Small Business?

When purchasing a small to mid-szied CA business, there are a many items to evaluate. One area that is often overlooked is the business's office culture. Peter Siegel, MBA with BizBen discusses with business buyers the importance of understanding how the business "feels" on a day-to-day basis.

Before Buying A California Business, 10 Questions You Should Ask Yourself

Before buying a business, all serious business buyers should ask themselves some key questions about possible buying a small California business, franchise, or opportunity - from Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 925-785-3118.

How Do I Navigate Through The Negotiation Process When Buying A Business?

Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.

Why Deals Fall Out: Unrealistic High Asking Prices Are Usually The Reason

The unfortunate truth is that approximately 50% of all small business sales transactions fall out. While failed transactions can happen for a many reasons, Peter Siegel, MBA (BizBen Director & Business Purchase Financing Expert) discusses the main reason deals fall through; steep asking prices.

See All News, Tips And Events


Close
Business Purchase Financing SBA Loans
BizBen Podcasts Live
Redwood Escrow Bulk Sale Services
Chuck Post Laundromat Industry Expert
Facebook
Twitter
Linkedin
Google Plus You Tube
Vlogs and Podcasts
Business Purchase Financing Assistance And Loan Placement
Live Podcasts On BizBen
Redwood Escrow - Janet Carrera


Auto Related
Business Services
Children Related
Communication Related
Computer, Internet Related
Construction Related
Entertainment Related
Financial Services
Health, Beauty Related
Home Improvement Related
Maintenance Related
Manufacturing Related
Media, Publishing Related
Pet Related
Photography/Video Related
Real Estate Services
Restaurant, Food Related
Retail Related
Service Related
Sports Related
Transportation Related
Travel Related
Wholesale Related

Auto Body Shops
Auto Repair Shops
Bakeries
Bars, Sports Bars
Cafe Restaurants
Car Washes
Cleaning Services
Clothing, Apparel Stores
Coffee Shops
Convenience Stores
Deli Restaurants
Discount, Dollar Stores
Dry Cleaners
eCommerce Websites
Fast Food Restaurants
Florists, Flower Shops
Full Service Restaurants
Gas Stations
Gift Shops
Gyms, Fitness Facilities
Home Health Agencies
Hotels/Motels
Ice Cream Shops
Juice, Smoothie Shops
Laundromats
Liquor Stores
Markets, Marts
Nightclubs
Pizza Restaurants
Postal, Shipping Stores
Preschools, Day Care
Print Shops
Salons, Beauty Shops
Sandwich Shops
Smog Test Only Shops
Smoke Shops
Spas, Med Spas
Sushi Restaurants
Tire Shops
Towing Services
Vending Routes
Wireless, Cellular Shops
Yogurt Shops

Alameda
Alpine
Amador
Butte
Calaveras
Colusa
Contra Costa
Del Norte
El Dorado
Fresno
Glenn
Humboldt
Imperial
Inyo
Kern
Kings
Lake
Lassen
Los Angeles
Madera
Marin
Mariposa
Mendocino
Merced
Modoc
Mono
Monterey
Napa
Nevada
Orange
Placer
Plumas
Riverside
Sacramento
San Benito
San Bernardino
San Diego
San Francisco
San Joaquin
San Luis Obis
San Mateo
Santa Barbara
Santa Clara
Santa Cruz
Shasta
Sierra
Siskiyou
Solano
Sonoma
Stanislaus
Sutter
Tehama
Trinity
Tulare
Tuolumne
Ventura
Yolo
Yuba

0 to $99,999
$100,000 to $249,999
$250,000 to $499,999
$500,000 to $999,999
$1 million to $2 million
over $2 million



BizBen - Where California Deals Get Done! 925-785-3118
7172 Regional Street #364 · Dublin, CA. 94568
BizBen · Copyright © 1994 - 2019, All Rights Reserved

               Vlogs and Podcasts  
Join Us On Social Media - Content Updated Daily
Sign Up Today - For Our FREE BizBen Weekly Email Newsletter
Includes The Best Info On Buying, Selling, Valuing, Financing California Businesses:
Articles, Blog Posts, Podcasts, Videos/Vlogs, Discussions, Q&A, Workshops, Webinars,
Resources. Watch For An Email Confirmation After Signing Up Above. Thank you.
Clost Login


Please confirm your registration by clicking the link we've sent to .

If you can't see it, please check your junk mail folder.

If you have any problems registering, or need assistance with your new BizBen User Account please phone BizBen Customer Support at 888-212-4747.



First Name:*
Last Name:*
Email Address:*
Confirm Email:*
Create Password:*
Confirm Password:*
Phone:
(   
 


You Are A:
Individual
 
Intermediary
 

Email Address:
Password:
 
Search BizBen.com

500 New & Refreshed Detailed Postings Daily
Over 2500 Resources Available On BizBen
Since 1994. Where California Deals Get Done!
5 Dangerous Trends Small Business Seller/Owners Should Consider When Sel...
Read More News
Financing A Business Purchase With Limited Or No Real Estate Collateral
Read More News