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- RE: ASSET SALE - High End Athletic Apparel Business
- Contact: Marie Albana
Quick Facts
Asking Price: | $500,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | Not Disclosed | |
BBN Listing #: | 936949 | |
Broker Reference #: | R-00005 |
Business Overview:
This Hi-Tech Athletic Apparel Business for sale is a new brand of lifestyle company. This apparel company extends beyond apparel to include a platform that provides people a sense of community and resources to support their personal journeys - with fitness, nutrition, emotional health, leadership, events, and more.
Products:
- Made from high end materials with unique pattern blends, high quality fabrics including advanced sweat wicking fabrics, and body flattering cuts.
- Athletic apparel, streetwear and accessories for men and women - prices ranging from $25 to $55
- Weighted vests - prices ranging from $100 to $200.
- Fitness App – subscription model, will be shared with qualified prospective purchasers during due diligence.
Investment Considerations:
- Good quality product with high end fabrics, intentionally designed and researched as a mid-price point and high-quality brand option.
- Strong add-on acquisition to existing sports apparel or fitness company looking for clothing retail revenue stream.
- Well researched product, market and plan ready for a new owner operator who can rebrand and/or reprice to establish stronger market presence.
- A large portion of the purchase price can be allocated to inventory and assets. Established relationships with major online retailers such as Shopify (retail website), Poshmark and others.
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Market Competition and Expansion:
- Fitness is trending – room for expansion of the line to other products and garments
- There is room to further explore brand development and positioning
- Grow and play with the looks and elements of the brand
- The pandemic elevated the global understanding of healthy living while working - and working out from home gave people a reason and opportunity to invest in comfortable fitness apparel, a trend which continues
- People, influencers, and other brands are open to collaborations
- Focus on producing events and providing learning tools
- Day-challenges for followers, host social gatherings, participation with other brands, etc.
Reason for Selling:
The current owner cannot devote the required time to operate the business and feels that a new owner operator / investor could gAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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