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    Licensed Apparel Wholesaler

    Description

    L#20240664

    Situated in Massachusetts, this business specializes in the import and wholesale of customized apparel, plus its licensed line of university hoodie sweatshirts, t-shirts, hats, gloves, jackets and accessories to regional tourist shops and stores.

    After more than four decades of experience, there is significant potential in taking the business to the next level as a niche factor add-on to screen printing shops and synergistic firms.

    Additionally, promoting imports like high-quality embroidered products has opportunities to maximize its outreach via aggressive advertising which could increase sales by 25% in the first season for an ambitious owner. $50,000 of inventory will be included in the asking price and due to seasonal variations, anything above will be negotiated at the time of sale.

    With a similar forecast for 2024, Revenues in 2023 reached $4,182,000 along with Discretionary Earnings of $874,000, providing profit margins above industry average. The 14,000-square-foot building is complete with a showroom, production area and large warehouse available for optional lease or purchase.

    With a skilled team of six nonunion employees and cross-training in place, the owner can remain for up to 12 months to assure a smooth transition.

     

    Basic Details

    Target Price:

    $1,500,000

    Gross Revenue

    $4,182,000

    Inventory

    $50,000

    Established

    1980

    Business ID:

    L#20240664

    Country

    United States

    State:

    United States

    Detail

    Business ID:L#20240664
    Property Type:Retail Miscellaneous
    Target Price: $1,500,000
    Gross Revenue:$4,182,000
    FF&E:$400,000
    Inventory:$50,000
    Established:1980
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      Situated in Massachusetts, this business specializes in the import and wholesale of customized apparel, plus its licensed line of university hoodie sweatshirts, t-shirts, hats, gloves, jackets and accessories to regional tourist shops and stores.

      After more than four decades of experience, there is significant potential in taking the business to the next level as a niche factor add-on to screen printing shops and synergistic firms.

      Additionally, promoting imports like high-quality embroidered products has opportunities to maximize its outreach via aggressive advertising which could increase sales by 25% in the first season for an ambitious owner. $50,000 of inventory will be included in the asking price and due to seasonal variations, anything above will be negotiated at the time of sale.

      With a similar forecast for 2024, Revenues in 2023 reached $4,182,000 along with Discretionary Earnings of $874,000, providing profit margins above industry average. The 14,000-square-foot building is complete with a showroom, production area and large warehouse available for optional lease or purchase.

      With a skilled team of six nonunion employees and cross-training in place, the owner can remain for up to 12 months to assure a smooth transition.

       

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