Los Angeles Bindery And Textile Company With Inventory For Sale

Business description

This legendary binding and textile company is a California gem. It has been servicing the garment industry since the 1920’s with the best reputation in the industry. The factory boasts over 22,000 sqft of space, Singer machines, and many rare and hard to find pieces of equipment. In addition, the 34 employees of this company are extremely well trained and can produce the most difficult types of bias, binding, braiding and trim. If you can think it, they can make it. Year-over-year this company has been able to maintain 1.8 million in revenue due to the quality of their work and relationship with high-end Los Angeles manufacturers. This company has over 200K of inventory that is included in the sale. SDE 320K

Property information

Premises details:

22,000 sq ft @ $10,500 mo

Business Operation

Employees:

35FT

Years established:

1928

Other information

Support & training:

seller will provide training for 4 weeks at 20 hours per week

Inventory / Stock value:

$200,000 (included in the asking price)