Florida Buisness for sale
   
 

Listing BBF-117218204: Wholesale|Wholesale Outerwear

General Location: Broward County
Asking Price: $2,500,000
Annual Gross Sales: $1,997,950
Owner Benefit:
(Net Profit + Owner Salary)
$465,848
 
Business Description

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.

     
Number of Employees: 3 FT, 1 PT
Established in: 1996
Owner Financing Provided: Information Not Provided
Training Provided by Owner: 4 weeks
Is Business Re-locatable: Yes
Reason For Selling: Retirement.

 

 

Contact Information: The following company and/or agent is a licensed real estate broker/and or a business broker.
Name: Russell Cohen
Phone: (954) 900-2685
Agency: MURPHY BUSINESS & FINANCIAL SERVICES DAVIE



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