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BUSINESS FOR SALE - PROFILE #  41190911

Leading So California Apparel Manufacturer
Southern California / San Gabriel Valley

Asking Price: $1,000,000   Down Payment: $500,000  
Gross Revenue: $1,246,900   Adj. Cash Flow*: $405,700  
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Executive Summary
This business is a leading apparel manufacturer focusing on established and emerging designers in the huge southern California apparel market.

Their specialties and core competencies include the following:


  • "Made in Los Angeles, USA": is an important factor with many customers, particularly the higher-end apparel market that they service,

  • Fast turnaround and short lead times on samples and production as demanded by its designer customers,

  • Can adapt to rapidly changing customer requirements and order modifications

  • Production flexibility - from short runs as small as 50 units to long runs of many thousands of units,

  • Very high quality and long term relationships with staff and vendors,

  • Accurate production planning and pricing, and

  • Experienced, loyal staff


The business employs approximately 50, non-union workers, offering above norm incentives and bonuses to staff. The majority of new business comes is based upon referrals from existing customers. The business requires that customers provide the inventory for their products, which substantially reduces inventory holding costs and working capital requirements.

Business continues strong in 2011.

Complete and accurate records.

Acquisition Highlights

  • Financing Information:  Owner may be willing to put $250K of the price on an earnout
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1993 Inventory: $5,000 Included
Employees: 50 Furniture, Fixtures & Equipment: $150,000 Included
Lease/Rent: $8,300 Real Estate:
Building Sq Ft: 16,000
    Total Assets Included in Sale: $155,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Richard Schammel
Phone:  (626) 449-1500 x 101
Fax:  (626) 395-9785
Other:  (626) 644-8306
E-mail:  rschammel@vrpasadena.com
VR Business Brokers - Pasadena, CA
180 South Lake Ave.
Suite 205
Pasadena, CA 91101
www.vrpasadena.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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