Relocatable, Profitable Textile Company with Niche Market

Business
  • Listing# : 17026
  • Listed Price : $1,495,000
  • Total Sales : $2,114,459
  • SIC : 2399
  • Down Payment : $149,500
  • Status : Prospect
  • Discretionary Earnings : $470,660

Business Type :

Manufacturing / Mfg-Clothing; Upholstery/Fabrics

Business Description :

Excellent opportunity to purchase a third-generation textile company with decades of satisfied customers in a defendable and profitable niche serving schools, first responders, and corporations.  Company has proprietary software and processes that increase quality, customer satisfaction, and margins. 70% of sales are direct-to-consumer.  Significant opportunity for growth by expanding the product offering (new products in work), markets served (including professional sports teams), and sales/advertising channels.  This turnkey operation comes with a full complement of equipment, customer relationships, and existing and knowledgeable staff.  Purchase could be a vertical or horizontal expansion for a strategic buyer or a nice fit for an owner-operator.

Lender pre-qualified for 85% LTV loan for qualified buyer.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $85,000
    • Incl : Yes
    • Liabilities $580,692
    • Incl : No
    • FF&E $220,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $305,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Manufacturing, Upholstery/Fabrics