MergerPlace

Profitable, High-End Branded Swimwear

California


  • Asking Price: $999,000
  • Gross Income: $2,115,193
  • Cash Flow: $334,498
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #206019
  • Established: Not Disclosed
  • Employees:

Business Description

Highly profitable, branded, Iconic, 30+ year old Swim and Resort Wear business with multiple, highly upgraded, prime, retail locations. Well known in the industry as having the very best lines of swimwear and resort wear. Located in highly improved, high-end, premium locations in Southern California and Las Vegas with long-term leases in place. The company and individual locations are constantly featured in countless publications and articles, as a regular on television and reality shows, in photo shoots, and tagged across social media by models and celebrities.

Seller runs this business from home and is quasi-absentee spending a limited amount of time managing the managers and handling accounting needs. An active, hands-on buyer could save on payroll by handling certain tasks that paid staff currently handles. All trained management and staff is in place. Seller has several ideas to add to this business model to offset the slower winter months and will discuss with a qualified buyer.

This is an ideal business foundation for someone to build from by implementing a stronger e-commerce system on the company’s website or via amazon or other platforms. This will also help create additional sales during winter months. The current seller is not experienced with e-commerce but feels that someone with this knowledge can leverage the company branded name. Currently, less than 10% of sales are done from the company website. There are other growth opportunities that the seller will discuss including using the trade marked name to create a private label line of swimwear.

Highly motivated seller has priced this business to sell. Seller finance is available for a qualified buyer with a significant down payment. Seller will provide ample training as part of the selling price to assure a smooth transition. Excellent books and records. The purchase price is plus the inventory at cost at closing. Inventory fluctuates depending on the time of the year, so it will be evaluated during due diligence and then re-confirmed at closing.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or contact Michael Cole at info@certifiedbizbroker.com to receive a confidentiality agreement and learn more about this opportunity.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: California

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $999,000
Gross Revenue: $2,115,193
Cash Flow: $334,498
Seller Financing Available: Yes

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Michael Cole

Certified Business Broker