Office ID: #000934
14 years well-established women's apparels and accessories wholesale store is now available for acquisition. This business was originally established 14 years ago in 2005 by the previous owner and was acquired by the current owner of the business in 2017. Products that is provided at this specialized women's apparels and accessories wholesale store range from top, cardigans, t-shirts, custom-made t-shirts, pants, jeans, leggings, undergarments, sandals, shoes, boots, jewelry etc. Most of the customers are B2B wholesale customers from DFW area and other major cities in Texas as well as adjacent states such as Oklahoma, Arkansas, and Kansas etc. while very few of customers are retail walk-in customers. Competition is expected for this industry, but this wholesale business has been well-positioned in the market by keeping the product line as various as possible while keeping the price competitive and customer service personalized. Gross sales have been consistent for the last several years at around $400,000/year due to variety of quality products and inexpensive price point. Currently, minimal marketing is in place through SEO company, but proactive marketing methods such as social media outlets, email marketing, direct mailing, web-based advertisements etc. are needed to be fully utilized to achieve maximum income potential. Although the business has its own website, more proactive online marketing methods through the website needs to implemented in order to go beyond the current mostly offline customer base to online customer base since online presence in apparel wholesale industry is getting extremely prevalent at present time. This 14 years well-established women's apparels and accessories wholesale business is looking for an energetic, creative entrepreneur who can take this business to the next level.
This business is located in a 4,600 SF wholesale shopping center in the epicenter of an area known as wholesale district in Dallas. The facility of this business features 2 10"x10" sized storages close by the business to store large shipments prior to restocking. Professionally designed and well-built website is also included in the sale which can be utilized to expand beyond the offline to online. Inventory of approx. $300K is in addition to the sale price of $99K.
Currently, minimal marketing is done by the current owner of the business. Proactive online marketing methods such as enhancing SEO, launching own brand and enabling e-Commerce etc. are needed to fully utilize to achieve maximum income potential.
Competition is expected for this industry, but this wholesale business offers personalized customer service and competitive pricing with various quality products.
Another Full-Time Job
Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.