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Business for Sale Summary

Clothing Distribution Business - 27513

Business Type: general merchandise store,misc. retail/non-classifiable,misc. servicel/non-classifiable,other business services,misc. wholesale/distribution/non-classifiable
Clothing Distribution Business
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Financial Information (non-confidential)

General Information
Asking Price $285,000 Down Payment $285,000
Gross Revenues $302,000 Lease Remaining Register Free to View
Owner’s Cash Flow $120,000 Number of FT Employees Register Free to View

Financing

$285,000 Down and

Business Description

The Seller started his business in 2006, and has evolved since then into both new and used clothing sales to national and international markets. Merchandise includes name brand clothing, perfume, shoes, home goods, electronics, etc. This merchandise is shipped from the coast of Houston, TX to International markets as well as via carriers serving domestic markets. The asking price is below market value and income is verifiable via tax returns. All payments for the sale of merchandise is collected in advance so there are no Accounts Receivable. Purchase price includes at least $19,000 in clothing Inventory, as well as almost $200,000 value in Furniture, Fixtures and Equipment including office equipment, computers, warehouse machinery and more. Current active database includes approximately 40,000 customers; vibrant web site and the name of the business will transfer to the new Owner. Current accounts are with Macy's, Target, and Home Depot to name a few, and result in high profit margins. Seller collects used clothing and merchandise from churches and from consumers directly, as well from established retail stores. This is a great business model, and the sky is the limit relative to growth opportunities. The Seller will provide Buyer with complete training for two weeks and more training can be negotiated if required by the Buyer. The business can be relocated since a Buyer can run this business from anywhere within the United States, if Buyer decides to move warehouse inventory to another location. The warehouse itself can be purchased from the City if a Buyer is interested.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.