• Listing ID: 1282672
  • (Seller ref: 36647O)

Laces Ribbons & Braids Wholesale & Retail For Sale


Location:
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Asking price:
$195,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$175,000
Cash flow:
$40,000
Years established:
1991
Employees:
3


1/3


This fun, exciting California based textile business is a wholesale Laces, Ribbons, and Trim manufacturer and distributor. They are a complete trimming resource specializing in washable products to be used on apparel, bridal, crafts and home furnishings. This exceptional fabric company does business both domestically and on a worldwide basis and has been serving this industry for over 20 years. The company's competitive edge is their intensive customer service, highly trained employees and highly diversified merchandise lines. They attribute their success to a unique product line, competitive prices and their interaction with their customers. Name, recognition, reputation, profitability, established patronage, growth capabilities, diversity, location, and priced to sell – all of these attributes make this offering a sound venture for the fortunate party who acquires it. Call today for full details!
This company's goal is to continue to maintain and grow their global presence in the area of narrow textiles to both the small and and large quantity consumer. By being in the business of both trends and fashion, they are constantly adding new products to their existing inventory as needed to fulfill demand. They are currently in the process of introducing prepackaged products to be sold through their on-line catalog program. The company has a strong Internet campaign using various advertising platforms through Google, Yahoo and Facebook. They promote the use of their products with instructional videos that are shown on the company's You Tube channel. This attractive opportunity offers a rare combination of a niche’ market, proven financials, and performance year after year, with great potential growth and with a experienced workforce and a owner that will stay on through a transition period.
This fine business manufactures, distributes and sells wholesale lace, ribbon and trims. They manufacture all ruffled laces in house. All products are washable or dry cleanable.


Real Estate:
Lease
Premises details:
The square footage of the leased building is 2000 sq ft consisting of a retail area of 100 sq ft, 950 sq ft storage, a work area of 100 sq ft, the office area is 250 sq ft, and the staff area is 100 sq ft. There is also a 500 sq ft showroom and room for expansion on the premises.

Expansion potential:
Growth and expansion opportunities for a new owner or investor would be to expand advertising, and the area of advertising. The prime target for this company is immense! Their client base includes a broad base of industries and demographics. They sell directly to the apparel manufacturers, craft industry, bridal industry, home furnishings industry, hair accessories industry, fashion accessories, gift packaging and retail stores. A new owner would have a plethora of money-making advantages with this business.
Competition / Market:
Their customer service is "first class", always thinking of the customer and how they can help them in their choices and decisions. They are well known throughout the industry for their honesty, performance and quality of workmanship.
Support & training:
Key employees will most likely stay on after the sale. Also, the owners are willing to stay on as employees if new owner desires.
Reasons for selling:
Prepare for retirement.
Trading hours:
Days: M-F, 10am-5pm
Hours: Sat., 11am-3pm.
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Negotiable to 20%.
Furniture / Fixtures value:
$40,000 (included in the asking price)
Inventory / Stock value:
$40,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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