Apparel Manufacturer with Unmatched Durability! (38011)

Seller Financing Available

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Asking Price:$3,700,000
Gross Revenue:$3,821,000
Rent:$6,000/Month
FF&E:$182,804
Cash Flow:$920,948
Inventory:$58,544
EBITDA:$731,499
Established Year:2009
BUSINESS DESCRIPTION

Prequalified at full asking price by a preferred lender! This specialized apparel business manufactures garments and accessories including uniquely designed products with proprietary material. This reputable company leads this niche of the industry thanks to performance and the quality offered in shirts, activewear, outerwear, workwear, accessories and more. With a nationwide client base, no individual client makes over 10% of the annual income. The organized team of 28 nonunion employees includes department managers which are likely to stay. The ownership is available for standard transitioning and consultation as needed. With Working Capital, Receivables & Payables included for a stock sale, Revenues totaled $3,821,000 in 2023 with Discretionary Earnings of $920,948 and EBITDAs of $731,499, plus Sales forecasts up to $4.2 Million for 2024! Two company buildings measure 15,400 square feet featuring production and warehousing facilities with office space, available for optional purchase or long-term lease of approximately $6,000 monthly. Flexible growth opportunities exist through strategic expansions and partnerships to new advertising efforts or added workers. While maintaining an informative website, sales programs and online presence on social media, the primary sales are driven from verbal referrals backed by a wide, recurring customer base and ongoing reputation. This exceptional company with profits of over 20% won’t last long. Contact IAG for more information!


DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Leased
Building SF
15,400
Employees
28
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Equipment includes Furniture value. Property ranged between $1.1 - $1.4 Million is available for optional purchase. Business started 2009; Incorporated in 2017.
Growth & Expansion
Business can be Relocatable!
Financing
Standard SBA-term financing will be negotiable for qualified buyers.
Support & Training
Seller is available for standard transitioning and consultation as needed.
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Jason
Hullender
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Jason Hullender