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Los Angeles

  • Listing No.: 130-00053

  • Category: Wholesale

Asking Price $249,000.00
Down Payment
Gross Revenue $271,900.00
Total Adjusted Net Income $84,976.00
Equipment / Fixtures $2,000.00
Year Established 2010
General Location Los Angeles

Profitable and Established Women’s Apparel Wholesale Business in Los Angeles for Sale! This is a unique opportunity to acquire a profitable and established women’s apparel wholesale business with 5 years of industry experience that sells to over 950 repeat customers in all 50 states, Canada and Costa Rica. The customers include a) boutique stores b) catalogues c) discount stores and d) large national chains. Customers are reached through 6 sales reps that are located throughout the country, established social networking and email campaigns (6,000 email addresses), and an established corporate wholesale website. Orders are primarily placed via trade shows and sales representatives. The Business has low overhead (1 -2 employees) and high profit margins of approximately 60%. Product offerings were limited to knits, tunics, jackets and dresses, however, the Business has seen strong growth (+20%) over the past year due to adding plus size product line offerings. The Business also has its own successful branded product line, and this product lines is included in the sale. Clothing is purchased and manufactured in China and imported to the U.S. Seller will go with Buyer to China to train Buyer on how, what, where to buy, as well as introduce to manufacturing relationships. No fashion design experience necessary. This Business could be primarily absentee run, could be relocated and/or could be run out of your home although the current owner has a 500 square foot warehouse in downtown Los Angeles that costs $450 per month including CAMs. Currently, the business is generating an adjusted net income of $85,000. There is room for additional growth by offering additional product lines including: bottoms, denims, skirts, outerwear and accessories; hiring additional sales reps and increasing marketing campaigns. These Businesses are hard to find – Call Now! Ryan Arango (BRE Lic # 01975722) (310) 739-4867.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.