Listing Number: 16951-834449
Apparel manufacturer in business since 1977. Diverse customers including many household name retailers. Relocation is recommended due to rapidly increasing minimum wage and insurance costs where this business is current located. At federal minimum wage levels, this business would add over $500,000 to the bottom line.
List price does not include raw material inventory, but seller is willing to finance the inventory so buyer can purchase inventory as production demands it.
Automation, relocation and continued good management could more than double the current bottom line.
- Price: $1,300,000
- Down Payment: TBD
- Sellers Discretionary Earnings: $382,322
- Total Sales: $3,227,414
- Location: Alameda County, California
- Inventory: $1,700,000
- FF&E: $0
- Employees: 35
- Reason for Selling: Retirement and high minimum wage city
- Category: Manufacturing