Wholesale of Women’s Clothing and Accessories

Seller Financing Available

Established in 1984, marking over three decades of
experience in the wholesale fashion industry. This business is
located in Toronto, Ontario, and operates throughout North
America, effectively catering to a broad range of clients
across the continent. This extensive service area allows the
company to tap into various regional markets and consumer
preferences. This retailer specializes in the wholesale
distribution of Italian women’s apparel and accessories. This
niche focus on high-quality Italian fashion positions them as a
desirable supplier for boutiques and independent retail stores
seeking unique and stylish offerings. The sales distribution is
split fairly even between Canada and the United States. They
operate out of a warehouse in Toronto with a distribution
facility in the US. Additionally, there are 2 showrooms utilized
for marketplace events. The company employs six staff
members who handle various roles including office
administration, warehouse operations, and bookkeeping. The
owner has decided to sell the business as part of a retirement
plan. The current owner is involved in day-to-day operations,
dedicating approximately 30 hours per week. Some of the
responsibilities can be delegated to existing staff. To ensure a
smooth transition for the new owner, there will be a seller
training period lasting 1-2 years. Additionally, the seller has
offered to carry 15% of the purchase price to show their
vested interest in the continued success of the business
moving forward.
Priced at $2,600,000, a 10% down payment of $260,000 can
return $305,509 in the first year after debt payments! The
combination of an experienced team, balanced sales
distribution across North America, and potential for growth
through strategic initiatives makes it an attractive prospect for
prospective buyers looking to enter or expand within the
fashion industry.