Description About This Posting: Famous Niche Sportswear Manufacturer
Established in the early '80s, this company started out simply: selling their signature hand-made, high quality custom sports clothing. Based in Southern California, they have strong partnerships with retailers, online sellers, and both domestic and international distributors. They have fantastic goodwill among the hobbyist and professional sports community. The business operates with great gross margins; the cost of goods runs on average of 20%.
This is the opportunity; the founders have neither marketed nor modernized. While technically they've expanded their product lines, they didn't leverage their goodwill through aggressive marketing to fully expand into these segments. Internally, their process runs much the same as it did back in the '80s. Not only is the manufacturing process outdated, they've allowed the cost of labor to climb to 50% of revenue.
Fresh ownership will immediately see the potential here to build on the existing brand and solid goodwill. Update the manufacturing process, lower the overhead costs, and expand the other product lines aggressively. If you're in a similar industry, rollup the line into an existing operation and reduce overhead even further. Ownership has never been growth minded; they've always been satisfied being a niche manufacturer. While this has built fantastic brand reputation, it has limited their growth.
The popularity of this leisuretime activity continues to rise. This is a fantastic deal in a growing space, as most of the purchase price is the assets and equipment (valued at $150K). Don't let this one slip away. Make your offers today and acquire this great brand!
To get more information about this Famous Niche Sportswear Manufacturer business for sale in
Orange County please phone Nour Mattar (Agent - BRE License #:01995928) at 949-243-4988 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #241146 on BizBen.com. In addition to phoning
Nour Mattar, make sure you email Nour Mattar above to get more info about this
Famous Niche Sportswear 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
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Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
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