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- RE: Fashion Clothing Brand. Work From Home. Online.
- Contact: Eric Straus
Quick Facts
Asking Price: | $65,000 | |
Annual Revenue: | $160,429 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $61,694 | |
Total Debt: | Not Disclosed | |
FF&E: | $3,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 2 | |
BBN Listing #: | 986042 | |
Broker Reference #: | 6842-792872 |
Business Overview:
This clothing company designs and manufactures goods overseas, then adds customization locally, adding a huge markup along the way. The company has grown through its website, trunk shows, and trade shows, but the real success has been its expansion into wholesale, which now accounts for 80% of sales. Strong vendor relationships overseas, and a powerful sales presence in the US are the perfect recipe for huge growth potential. In addition, increased online marketing, increased/resumed trade show attendance, Instagram and email campaigns will forge continued growth as well.
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Property Features and Assets:
Monthly Rent: $2,310.00;Â Square Units (Foot, Meter): 500;Â Lease Expiration Date: March 1, 2025, 12:00:00 AM
Facilities: The business is operated out of the Seller's home. There is currently a 500 sq ft office nearby which is used for some storage at this time. It will therefore be given up at lease expiration as unnecessary.
Reason for Selling:
Family ObligationsAdditional 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
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