Business For Sale & Franchise Search Engine  
   
My Account

Businesses For Sale > Business For Sale in Des Moines, Iowa (IA)

U.S. & Vietnam Production & Manufacturing of Corporate & Collegiate Gear for sale in Des Moines, IA

Des Moines, Iowa (IA)

Asking Price: Gross: Cash Flow:
$ 16,500,000 $ 59,990,006 $ 3,329,997

Business Summary:
This contract manufacturing company has a full management staff in place, and their own brand is already established, solidifying themselves in the market! Their Des Moines, Iowa office handles all sales, design, and order management; their office in Vietnam is used solely for the production & manufacturing side of the business. The U.S. team of 32 is spread among several departments, including Design & Graphics, Marketing & Graphics, Web Development, Order Admin, Warehouse, Logistics, Accounting, HR, and Sales & Customer Service. The full-time team of 85 employees in Vietnam includes a Manager for each of their Cap, Bag, and Garment Departments, along with merchandisers, embroidery & graphic staff, Quality Control, pattern makers, design techs, accounting, warehouse, sourcing & procurement, and logistics personnel. Using a proprietary web platform to process and track all projects, this company’s client base consists primarily of corporate identity and specialty product distributors. With their own brand already well-established, they are able to act as an official outfitter/sponsor for clients. Their brand is their R&D tool for developing products for their customers; they develop and test at retail stores to assess demand and retail value, as corporate image demand follows retail demand.

They are currently licensed with 18 colleges/universities in the U.S., enabling them to manufacture their brand with the university’s logo. This portion of the business accounts for approximately 10% of their revenue, while the other 90% is essentially through large specialty product distributors. The company is also on the approved vendor list for one of the biggest medical supply firms in the U.S. that is the official supplier for 60% of all hospitals & clinics. This gives them incredible exposure to their customer base for work on out of contract products (uniforms and other wearables).

The design team in the US office works with each client to customize their order based on their specific requests. They create an image and load it into their proprietary website program, at which point the Vietnam team creates the sample and the US team makes sure it meets the customer’s requests. The order then moves on to the production phase in Vietnam; the logistics teams from both offices coordinate the shipping phase (by air or by sea) and makes sure the product goes to the correct port and is distributed to the customer in a timely manner. The average sale size is $3k-$4k, and the average length of time from an order being placed to being delivered is 55-65 days. The current owner offers management support and is willing to stay on board for 1-2 years to ensure a smooth transition.

Priced at $16,500,000, this company has the potential to grow ten-fold. A buyer already in logistics and/or manufacturing could expand what they are already doing. The brand is already established, so a buyer with marketing knowledge and abilities could expand that brand within their own customer base and truly take this business to the next level.

 

   
Year Business was Established: 1984
   
Number of Employees: Iowa: 32 (30 FT, 2 PT); V  
   
Facilities / Terms of Lease: Iowa: 30k sq. ft. including 24k sq. ft. warehouse; Vietnam: 24k sq. ft. including 15k sq. ft. warehouse  
   
Potential Growth/Expansion: Increase brand awareness among existing customers, expand client base, pursue more collegiate partnerships, create relationships with other sponsors  
   
Reason for selling: Huge growth potential; the business needs someone who has the ambition to grow it  
   
Seller Reference Number: MFG010
BusinessMart.com Listing Number: 267254
 

 

To request more information
on this business
please fill out the form shown right





Businesses For Sale by City & State
Arizona
Chandler
Flagstaff
Phoenix
Scottsdale
Tempe
Tucson
California
Long Beach
Los Angeles
Orange County
Sacramento
San Diego
San Francisco
San Jose
Santa Clarita
Colorado
Aspen
Boulder
Colorado Springs
Denver
Fort Collins
Connecticut
Hartford
    Florida
Boca Raton
Brevard County
Broward County
Fort Lauderdale
Fort Myers
Jacksonville
Miami
Ocala
Orlando
Palm Beach
Sarasota
Tallahassee
Tampa Bay
Georgia
Atlanta
Augusta
Savannah
Illinois
Chicago
Indiana
Massachusetts
Boston
Missouri
Kansas City
St. Louis
New Jersey
Central Jersey
North Jersey
South Jersey
    New York
Albany
Bronx
Brooklyn
Kings County
Long Island
Nassau County
New York City
Queens
Staten Island
Suffolk County
Westchester County
North Carolina
Charlotte
Greensboro
Outer Banks
Raleigh / Durham
Ohio
Cincinnati
Cleveland
Columbus
Oklahoma
Pennsylvania
Philadelphia
Pittsburgh
Texas
Austin
Dallas
Fort Worth
Houston
San Antonio
Washington
Seattle

Other
CANADA
UK
More Businesses For Sale
Businesses For Sale in Des Moines Iowa
Franchises For Sale in Des Moines Iowa
U.S. & Vietnam Production & Manufacturing of Corporate & Collegiate Gear For Sale in Des Moines Iowa

Businesses For Sale by Category
Restaurants For Sale in Des Moines Iowa
Car Washes For Sale in Des Moines Iowa
Des Moines Iowa Laundromats For Sale
Liquor Stores For Sale in Des Moines Iowa
Des Moines Iowa Gas Stations For Sale
Convenience Stores For Sale in Des Moines Iowa
Internet Business For Sale in Des Moines Iowa
Des Moines Iowa Nightclubs & Bars For Sale
Automotive Businesses For Sale in Des Moines Iowa
Des Moines Iowa Routes For Sale
Des Moines Iowa Pet Businesses For Sale
Wholesale & Distribution Businesses For Sale in Des Moines Iowa
Manufacturing Businesses For Sale in Des Moines Iowa
Marinas For Sale in Des Moines Iowa

Buying a Business Resources
Buying a Business in Des Moines Iowa
The Advantages of Buying An Existing Business in Des Moines Iowa
Forget The Asking Price of A Business For Sale
Getting Into Business: U.S. & Vietnam Production & Manufacturing of Corporate & Collegiate Gear
How To Value A U.S. & Vietnam Production & Manufacturing of Corporate & Collegiate Gear

 

Printer Friendly or E-mail this Listing

For more info contact:

Cortney Sells

The Firm
4029985288

CONTACT SELLER

Full name:*

E-Mail:*

Telephone:*

Message Text:*

Disclaimer:

We are committed to your privacy. By clicking the Check Availability button you agree the phone number you provided may be used to contact you (including autodialed or pre-recorded calls), even if you are on the DNC list. Consent is not a condition of purchase.

©2022 MH Sub I, LLC dba Internet Brands
Broker Membership | Terms Of Use | Financial Disclaimer | Privacy Policy | Cookie Policy | Resources | Franchise Opportunities | Website Traffic Ranking | Sitemap | Careers | Contact Us | Do Not Sell My Personal Information |