Manufacturer and Distributor for High End Fashion Brand

Santa Monica, CA
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Asking Price:$500,000
Inventory:$206,000
Established Year:2018
Gross Revenue:$1,460,000
FF&E:$20,000
BUSINESS DESCRIPTION

The business is a high end established women's apparel for swimwear brand founded by the current owners. With a focus on sustainability, the brand keeps its consumer at the center of its designs. The line has been well received and has been purchased and worn by people of influence. There has been increased sales annually since the inception in late 2018. The company has built a customer base in excess of eight thousand customers through its web traffic, as well as wholesale accounts in both the US and Europe. There is a tremendous growth opportunity for a well capitalized individual or company to add an amazing line. The revenue is split between ecommerce and wholesale and is increasing annually in both sectors.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Well Located Office plus storage
Competition
It is competitive, but no one surpasses the quality of the company/brand. The company sources the highest quality material off shore but manufactures locally for quality and control. +
Growth & Expansion
Significant upside to grow through wholesale and e-commerce both domestically and in Europe. Additionally, the clothing lines and offerings are expanding which she reduce seasonality and increase revenue.
Support & Training
As much support and training as needed in the transition.
Reason for Selling
Other opportunity.
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George Arapage
Page Olson Commercial & Business Brokerage
George Arapage