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Wholesale Hosiery And Apparel Business In New York For Sale

New York, US
Asking Price:
$400,000
Sales Revenue:
$1,000,000
Cash Flow:
$200,000

LISTING ID # 35818

Brooklyn-based B2B wholesale route business specializing in hosiery - Situated in a strategically located Brooklyn warehouse, the owner manages the delivery of advanced orders encompassing hosiery, apparel, towels, bed sheets, and purses in multi-packs. Catering to "mom & pop" and discount stores in NYC, Long Island, and northern New Jersey, the business maintains a loyal customer base of 150 long-standing repeat clients. Records and invoices reflect an impressive $1,000,000 in annual sales. The business achieves a net profit of $200,000 after compensating a dedicated helper $700 per week, who is committed to continuing their role post-sale. The owner, deeply involved in sales and deliveries, is open to showcasing the operation through a ride-along for serious prospective buyers. To ensure a seamless transition, the owner commits to remaining actively involved for two months post-sale. Seller is motivated and open to serious offers.

Business Operation

Reasons for selling:

Other business

Employees:
1 FT/1 PT
Years established:
20

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$1,000
Inventory / Stock value:
$70,000