Profitable Manufacturer and Wholesale Distributor of Women’s Branded Apparel. The company manufactures (oversees) and distributes (from their Los Angeles office) private label and branded line garments to independent and major retailers in both domestic and international markets. In business for over 30 years, the company is headquartered in Los Angeles which houses various departments such as Design, Office Services, Warehousing, Production and Shipping divisions. Long term, trained employees in place – 6 full time including a designer and 3-4 seasonal employees as needed. All manufacturing is done in Asia by 4 companies with long-term relationships. There are several independent Sales reps in major fashion markets across the US and the company has a key presence at all fashion trade shows with prime positioning.
The brands are known for strong product development and reorder fulfillment. The private label and catalog business clientele base include known retailers like Boston Proper, White House Black Market, Burlington Coat Factory, Macy’s, Nordstrom, Bloomingdale’s, Barneys New York and others. The company features women’s knitwear, sweaters, jackets and coats targeted to the contemporary and specialty markets. 75% of the business is Fall/Winter items. Growth opportunities include expanding the Spring/Summer lines with the existing customer base. Finished goods from China are shipped to Los Angeles for distribution.
Purchase price includes $300,000 +/- at cost of active inventory. Seller will consider Seller Finance for a qualified buyer with a significant down payment. The company has several high growth opportunities that the seller will discuss including expanding to on-line sales on their company website and or Amazon. Seller is elderly and looking to retire. Seller will provide ample training to a qualified buyer. Everything is in place for this business to expand. Excellent books and records. Info on this ad is from 2017 and 2018 figures are similar and will be updated once completed.
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Located in downtown Los Angeles. Industrial – Commercial building with multiple offices, production area and warehouse with shipping area. 13,800sf of which company uses 10,300sf
Seller To Discuss
Seller will provide training at no cost to qualified buyer.