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Priced $1.2 M including a long list of equipment, stock and other assets of $1M in book value. The company reached $7.9 M in sales in 2008. While reasonably profitable, the company offers a huge potential to import apparel from china and use its current 30 years established distribution channel/customer base to increase, sales, margins and profits.
This is a vertically integrated manufacturer of sport related apparel. The company knits, cuts, sews and packages sportswear and distributes it. Customers include Major Retail chains in North America. This is a real company with more than 90 employees and a very long track record of excellent product quality and outstanding customer service. After years of healthy profits, the current owner has reached the retirement age and is looking for a successor with the energy to take this business to the next level. The buyer can leverage the company's long established customer base and excellent reputation to increase sales and profits through imported products. This business would be ideal for a company currently in the import and distribution of garments and/or promotional products or for en entrepreneur with reasonable understanding of the garment industry.
This is a well priced opportunity that will not last long in the market
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