Ladies & Children Clothing Manufacture
Location California,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $12836765
Net Profit / Cash Flow $3084280
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees > 200
Inventory 348246
Relocatable No
Number of Employees > 200
Real Estate Leased
Training Seller will train buyer for 30 days.
Reason for Sale Seller has a non related business in Las Vegas that he wants to expand and requires more of his time.
Description Established In 2003 - Hours Mon-Friday 8:00 - 4:00
Company owns and occupies 27,250 Sq. Ft.
Assets in the total amount of $634,140 consisting of Computer Equipment, Furniture, Leasehold Improvements and Machinery & Equipment included in sale price. Accounts Receivable and Accounts Payable and Cash in Banks excluded from purchase price
The Company is one of the major ladies mens and children clothing manufacturing and private label contract operation on the west coast. The company has 2 shifts and employs an average working staff of 220 full and part time employees. The company designs, manufactures and distributes it's own brands as well as private labels to most of the leading department stores, boutiques and chains in the USA such as Nordstrom, Macy's, Bloomingdales, Dillards, Saks Fifth Avenue, Neiman Marcus, Urban Outfitters, Free People, Guess, Betsey Johnson and many more.
The company has showrooms in Los Angeles and New York as well as international distribution for the in house brands such as Butterfly Dropout and Freak Zoo. The company is an anomaly in this day of off shore competition. It offers complete package, quick to market turnaround and original design all produced domestically in Los Angeles. 80% of the company product line is manufactured in house. 33% of production is branded 67% is private label.
The company has built it's reputation by flexibility in today's ever changing market where trends need to be updated in a flash! The company is well known in the garment industry for it's cutting edge techniques and maverick design treatments. It has carved out it's own niche in the market by bringing the sublimation process (which entails heat vapor transferring artwork from paper to garment) to the mainstream, as well as inventing the burnout process that has become industry standard.
The company is projecting 2009 sales at $16,000,000
Click Here To Contact Seller
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