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Branded and Custom Apparel Company for sale in SD

South Dakota (SD)

Asking Price: Gross: Cash Flow:
$ 150,000 $ 371,214 $ 78,178

Furniture and Fixtures Value:
$ 6,925 (included in the asking price)

Inventory Value:
$ 59,147 (included in the asking price)

Business Summary:
This combination wholesale/retail apparel company has been growing for the better part of the last decade and now the owners are ready to retire. The Company’s current market is across the Midwest and beyond. Online sales from their website and Etsy present major further opportunities for growth.

 

   
Year Business was Established: 2016
   
Number of Employees: 1 FT/3 PT  
   
Facilities / Terms of Lease: There is no retail showroom, only production space. This space is well utilized with very reasonable rent. Lots of very organized storage for inventory as well as work spaces for production. The current operation could be folded into an existing business or moved if desired. This apparel business has the potential to be home-based if a new owner desired.  
   
Potential Growth/Expansion: The shirt-decorating business is always evolving, with many new business opportunities ready for exploration, including expanding into hats and koozies and iron-on embroidery to name a few. A minimal investment in new equipment could broaden offerings and marketplaces.  
   
Competition: Friendly competition exists in this space, but threats are quickly mitigated by copyrights and a strong customer base on both the wholesale and retail sides.  
   
Owner willing to finance: $15K down/$15K over 60 mos. @ 9%/Other Financing.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Retirement.  
   
Seller Reference Number: 5401-17616
BusinessMart.com Listing Number: 296266
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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