This Los Angeles area martial arts related clothing brand with offshore manufacturing occupies a unique niche with a small variety of a particularly well received clothing product in its martial arts product category. As the firm is known for its quality and extraordinary simplicity, there are several avenues by which this brand can grow. The company boasts over 13,000 loyal Facebook followers, 35,000 Twitter followers and a 4,000 person customer mailing list. As the company receives its product from abroad, & retails 40% of its high margin sales directly through its website, & wholesales an additional 60% through a handful of retailers across the country, the business can be moved to anywhere in North America or beyond!
Asking Price $139,000.
This business runs out of a 1,400 square foot office warehouse that leases for $1,400 per month on a lease expiring in April 2014 with options or extensions that can be negotiated. All of this business's Furniture, Fixtures, Equipment, Trademarked Name, Patterns and Goodwill are fully owned and will transfer in the sale. Inventory of approximately $170,000 will be sold at cost at close, in addition to purchase price.
Some competition exists in the industry; there is one dominant clothing provider for the sport, & a few other minor competing firms. This company, however, is known throughout the industry and boasts a solid brand name that could be expanded on.
New operators can take this firm in any number of directions, as currently management has been committed to keeping the firm an extraordinarily simple 2 part-time person operation, with a remarkably small number of sku's. Management will seek to accept credit cards, engage in pay per click advertising & regular search engine optimization, & launch print & online ad campaigns complete with athlete sponsorships.