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Listing Number: 106-21469
Category: Wholesale
Asking Price | $2,950,000 |
Down Payment | $2,500,000 |
Gross Revenue | $3,229,664 |
Total Adjusted Net Income | $640,338 |
Equipment / Fixtures | $100,000 |
Year Established | 2010 |
General Location | North County San Diego |
Established in 2010, this company creates branded apparel and products for an established client base in the fitness, lifestyle and fashion spaces. Services include branding, design, production and fulfillment. Many of their clients are large, stable, National Franchise brands that place consistent, on-going orders for products. 2019 Rev was $2.7M+, a minimal dip to $2.5M+ in 2020 during Covid, and jumped to $3M+ in 2021. They are poised for continued growth.
They lease two buildings in North County San Diego. One is 4,800 sq’ with a lease in place through 2025. The other is 2,000 sq’ with a month-to-month lease. The seller states that keeping the business at the current locations is not a must if a buyer wants to relocate the business elsewhere. Potential buyers for this business could be a larger production company that wants to increase revenue, a fulfillment company that wants to add production manufacturing, or an entrepreneurial-minded individual who is looking for a strong, profitable and fun business.
The equipment is in excellent condition, some new, and is maintained regularly. $20k of inventory is included in the price. Seller is willing to train for 2 weeks unpaid, and is open to assisting with transition for a longer term with compensation. Seller is moving on to other creative endeavors.
Gross Revenue | $3,229,664 | Listed Price | $2,950,000 |
Total Income | $640,338 | Down Payment | $2,500,000 |
Base Rent | Square Feet | ||
Total Rent | Lease Expiration | ||
Rent Deposit | Lease Options |
Inventory | $20,000 | Leasehold Improvements | $15,000 |
Equipment / Fixtures | $100,000 | Other Assets |
Full-Time Employees | 13 | Training Period | 2 Weeks |
Part-Time Employees | Special License Required | ||
Contract Staff | Reason for Selling |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.