Reason for Sale: Retirement- Extremely Profitable Outerwear Wholesaler & Embroidery business. Established since 1995 selling Women's/Men's/Children logo outerwear to High end resorts & mountain resorts. Seller travels to 4 to 5 trade shows per year & has a team of 10 independent Salespeople who handle the US territory. Business is relocatable and can be a great add on opportunity to an existing wholesaler to add an established line. Seller embroiders the resort logo on the outerwear blanks and ships to the client. Seller has set up a retail commerce website to promote their own brand. Retail expansion will allow for greater margins. 10- W2 employees on staff. Great Books & records. $1.3 million worth of wholesale inventory included in the sale. 100 + skews in stock. (4) 12 head + (1) 16 head + (1) 6 head & Single heard embroidery machines included in the sale. $1.3 million worth of open orders as of Jan 2024.
- Asking Price:
- $2,500,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,997,950
- Cash Flow:
- $465,848
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Warehouse-13,000 sq ft- Lease exp 12/31/2029- 1 - 5 yr. option.
Business Operation
- Expansion Potential:
-
Hire more independent salespeople. Grow the retail portion of Renegade internet business.
- Competition / Market:
-
The North Face
Patagonia
LL Bean
Eddy Bauer
- Reasons for selling:
-
Retirement.
- Trading hours:
-
Monday-Friday 9am-5pm
- Employees:
- 3 FT/1 PT
- Years established:
- 28
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Furniture / Fixtures value:
- $250,000 - included in the asking price
- Inventory / Stock value:
- $1,300,000 - included in the asking price
- Relocatable:
- This business can be relocated.
