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Wholesale / Retail Western Apparel & Accessories

Location  Texas,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $690000
Net Profit / Cash Flow  $132389
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1982
Number of Employees  10 - 19
Inventory  230000
Relocatable  Yes
Number of Employees  10 - 19
Real Estate  Owned
Training  Including Two contractors, key employees will most likely stay on after the sale. The owner will be available for an extended transitioning if a new owner desires.
Reason for Sale  Approaching retirement.

Description  
This listing details apparel and fashion accessories design business, responsible for the design, manufacturing and distribution of all of their distinguished creations. This includes clothing and leatherwear as well as accessories like hand bags, belts, hats and scarves. Everything the company puts out has a special South-western twist to its look, giving it a unique value. They also offer one-of-a-kind home decor, while often featuring their designs in trade shows all across the Western regions of the U.S. The factory operates year round and most sales are seen through wholesale distribution. This business attends over 7 major tradeshows a year and two rodeo events per year to boost sales. Retail shows and factory open houses give the company an opportunity to make additional sales. With an attractive style that is a perfect blend of traditional western lifestyle garb and contemporary apparel, this business offers a product that can't be found anywhere but here! Since 1982 this company has put out hundreds of creative designs which, when showcased together, represent a portfolio with a strong consistent style. Their products are distributed to resorts, boutiques, department stores and catalogues nationwide, primarily through the Western Unites States, Hawaii and Canada. The company maintains a website with an online catalogue, convenient for both wholesale and retail buyers. 85% of company revenues are derived from wholesale, while the other 15% of activities are retail sales. The current owners are approaching retirement and would like to pass the business on to a new owner with a passion for producing a quality product in a lucrative niche market. The company projects a prestigious brand image developed over its' 30 year history. City lot: 6,250 sq ft. Building: 5,000 SF: 300 SF storage, 900 SF office, work space: 3800 SF. 800 sq ft concrete slab for adding. The property is owned with the option to buy ($165k). Biz Price: $588,000, 15% Finance


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