Listing ID: 77593
Business Overview
Confidential Information Memorandum (CIM) available upon receipt of our short online NDA – visit here: http://www.pronovapartners.com/engagement/private-label-clothing-manufacturer/
Quality is key at this proud “Made in the USA” Private-Label clothing and accessories manufacturer. Although the business started with the manufacturing of uniforms, which they still do today, they found a more successful and profitable niche by working with up-and-coming designers and entrepreneurs. Customers brings ideas and company associates walk them through the process of pattern-making and textile selection and send the final product out the door with the client’s label sewn (or stamped) in.
NDA is required ‘LINK ABOVE} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Financial
- Asking Price: $350,000
- Cash Flow: $120,445
- Gross Revenue: $602,580
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 1989
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
6,000 square-foot unit in a centrally located commercial complex.
As needed.
Retirement
Competitive yet segmented marketplace allows for niche markets to thrive.
Develop comprehensive marketing plan and implement with the launch of social media postings.
Additional Info
The company was founded in 1989, making the business 33 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell companies. However, the genuine reason and the one they say to you might be 2 totally different things. For instance, they may claim "I have too many various obligations" or "I am retiring". For many sellers, these reasons stand. But also, for some, these might just be justifications to try to hide the reality of altering demographics, increased competition, recent reduction in revenues, or a variety of various other reasons. This is why it is very essential that you not rely completely on a seller's word, however rather, use the seller's solution combined with your general due diligence. This will paint a much more sensible image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Numerous companies finance loans so as to cover things such as inventory, payroll, accounts payable, and so on. Remember that sometimes this can imply that revenue margins are too thin. Many companies come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that need to be satisfied or may lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location bring in brand-new consumers? Many times, operating businesses have repeat customers, which form the core of their everyday revenues. Particular factors such as brand-new competitors growing up around the location, roadway building, and also staff turnover can impact repeat customers and adversely affect future profits. One important point to consider is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business often, the better the possibility to build a returning client base. A last idea is the general location demographics. Is the business situated in a densely inhabited city, or is it located on the outskirts of town? Exactly how might the local mean household earnings impact future revenue prospects?
