Clothing Designer And Manufacturer In Commerce For Sale

Business description

Los Angeles based garment designer and manufacturer. Top clients include Nordstroms, Ross Stores, TJ Maxx, Dillards, Loehmanns, and Steinmart. This company specializes in women's blouses and sells to some of the leading retailers around the world. Two years ago the company moved into a state of the art facility and spent over $1 million in FF&E (Fixtures, Furniture and Equipment). The owner's intention was to build a turnkey operation by buying large Italian sublimation thermoprinters and all of the equipment to operate a dye house.
This business is ideal for anybody with a strong manager with a designer background and a sense of fashion.
The business is priced to sell quickly. The owner is going through a vicious divorce and needs to sell to finalize the terms. This is a profitable business that did well in the recession and has plenty of upside as the economy gets better.
It is unusual to find a manufacturer selling at such a low multiple. This is really a unique opportunity.

In order to receive more information please contact Dan Munter below.

Property information

Real Estate:

Lease

Leasehold rent:

$13,933/mo per annum

Size in square feet:

18,500 sqft

Other information

Support & training:

Seller will train

Reasons for selling:

Owner going through a divorce

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Call

Furniture / Fixtures value:

$1,000,000 (included in the asking price)

Inventory / Stock value:

$200,000 (included in the asking price)