Manufacturer & Distributor Of Golf & Corporate Apparel For Sale

Business description

The Company was started in June of 2002, making 2012 its 10th anniversary. The founder, along with a working partner and 2 silent partners, had a vision of a Golf & Corporate apparel company with the Highest Quality with the most Affordable Pricing. And to this day, even after having accomplished with what they set out to do, they still continue on with that mission. The working partner left in 2004 and the remaining partner purchased from his 2 silent partners the assets of the Company in April 2010.

The Company is a manufacturer/distributor and the product is made in factories in the countries of India, China, Thailand and Jordan. In the beginning days designers were used in New York to help with new product development. The Owner now has that job title. They have 2 warehouses to serve the needs of its customers, one in Arizona and the other in North Carolina. Both of these facilities are fulfillment centers. This means that the Company contracts with these facilities to warehouse, inventory, pick/pack and ship the product. This is all done through an internet based system provided by the warehouses. The Corporate office is in Arizona. The office is manned by the Owner and his Office Manager who has been working in this business and a former business since 1997.

The target customer in 2002 started with marketing to the Promotional Products industry. As the Company progressed in the next few years it started to bring in apparel that had more of a golf look, though still continuing to keep the apparel line viable to both industries. Today customers (many thousands) are more Golf related that Ad-Specialty related. This is partially due to the competition on the Promotional Products side. In addition to the Ad-Specialty customer, Golf Pro Shops, Off Course shops and tournaments across the country use its apparel. The Company supplies to the PGA, Champions Tour & LPGA Tournament Owners Associations. This year the Company worked with 4 tournaments and next year there are already 7-8 tournaments that have verbally committed. Those tournaments will be nailed down in the last quarter of 2011 for 2012. These tournaments can vary from volunteer uniforms to outfitting every person that works with the event. This can include apparel for the Pro-Am participants, Staff needs, Chairman, Vice-Chairman, Media, etc.

Property information

Real Estate:

Lease

Other information

Support & training:

30-60 days

Reasons for selling:

Would like to have partner/investor.

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$308,000 (included in the asking price)