Profitable Outerwear Wholesaler & Embroidery Co.
Broward County, Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $2,500,000 |
$1,997,950 |
$465,848 |
Furniture and Fixtures Value:
$250,000 (included in the asking price)
Inventory Value:
$1,300,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Reason for Sale: Retirement- Extremely Profitable Outerwear Wholesaler & Embroidery business. Established since 1995 selling Women's/Men's/Children logo outerwear to High end resorts & mountain resorts. Seller travels to 4 to 5 trade shows per year & has a team of 10 independent Salespeople who handle the US territory. Business is relocatable and can be a great add on opportunity to an existing wholesaler to add an established line. Seller embroiders the resort logo on the outerwear blanks and ships to the client. Seller has set up a retail commerce website to promote their own brand. Retail expansion will allow for greater margins. 10- W2 employees on staff. Great Books & records. $1.3 million worth of wholesale inventory included in the sale. 100 + skews in stock. (4) 12 head + (1) 16 head + (1) 6 head & Single heard embroidery machines included in the sale. $1.3 million worth of open orders as of Jan 2024.
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| Year
Business was Established: 1995 |
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| Number of Employees:
3 FT/1 PT |
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| Facilities / Terms of Lease:
Warehouse-13,000 sq ft- Lease exp 12/31/2029- 1 - 5 yr. option. |
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| Potential
Growth/Expansion:
Hire more independent salespeople. Grow the retail portion of Renegade internet business. |
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| Competition:
The North Face
Patagonia
LL Bean
Eddy Bauer |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Retirement. |
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| REQUEST MORE INFO |
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