47-year-old brand/label of Kids apparel being divested away from a larger operator. Well-established brand focused on heat-pressed designs on gift and souvenir clothing for toddlers and infants, boys and girls. The brand is only sold B2B and does not currently have any online presence, creating a unique expansion opportunity. Filling a demand for souvenirs in all tourism markets, chain stores, and local retail outlets. The business operation must be relocated from the current premises, with all assets and on-hand inventory. Incoming inventory-order liability is not included in the sale price. Started in NYC in 1978, and relocated to FL in 2018. Became part of a larger acquisition in 2022. Does not align with the company's current brand strategy.
- Asking Price:
- $795,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $824,472
- Cash Flow:
- $254,180
Property Information
- Real Estate:
-
Lease
Business Operation
- Competition / Market:
-
Non Compete : Miles: 30 Years: 3
- Reasons for selling:
-
Divesting Brand
- Trading hours:
-
Operating dys/hrs : M-F 8a-6p
- Employees:
- 6
- Years established:
- 1977
Other Information
- Support & training:
-
Weeks Training: 2 Cost: $0
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Loan/Seller - Amt: 195,000 Mos: 12 Rate: 10.00 Mo Pmt: 17,143.60
- Furniture / Fixtures value:
- $10,000 - included in the asking price
- Inventory / Stock value:
- $10,000 - included in the asking price
