This is a top supplier of wholesale fashion clothing to retailers nationwide. Retailers place the order online and pay for it either by credit card or PayPal. The orders are processed in their state of the art facility in Los Angeles and shipped via UPS. The company was started by a young entrepreneur 5 years ago. Sales have been going up by leaps and bounds every year. They ended up 2013 with over $15 million in sales, up 110% over previous year. 2014 projected cash flow will be $800,000 plus. Their website is number 1 in their own industry. Traffic and customer base is consistent and growing annually. Most of the traffic is coming through organic search, direct and through more than 50% repeat visitors. The company uses social media such as a website blog, Facebook, Twitter, Instagram and Pinterest pages to connect with customers consistently to support and build loyalty to the brand. Last year this company spent over $150,000 in making their facility more efficient at the advice of a leading consulting firm. This resulted in reduction of employees by 20%. This will mean much better bottom-line profit in 2014 and beyond. They carry about $250,000. Inventory, so working capital requirement is minimal. For more information, please contact Ved Sajnani at (714) 904-8457 with Listing ID LA3632.
Asking Price: 3,000,000.