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Business for Sale Summary

Wholesale Hosiery and Apparel Business in NY - 35818

Business Type: apparel and accessory store,internet business services (b2b),internet businesses,misc. wholesale/distribution/non-classifiable,wholesale/dist businesses,routes
Wholesale Hosiery and Apparel Business in NY
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Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $400,000
Gross Revenues $1,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and

Business Description

Brooklyn-based B2B wholesale route business specializing in hosiery - Situated in a strategically located Brooklyn warehouse, the owner manages the delivery of advanced orders encompassing hosiery, apparel, towels, bed sheets, and purses in multi-packs. Catering to "mom & pop" and discount stores in NYC, Long Island, and northern New Jersey, the business maintains a loyal customer base of 150 long-standing repeat clients. Records and invoices reflect an impressive $1,000,000 in annual sales. The business achieves a net profit of $200,000 after compensating a dedicated helper $700 per week, who is committed to continuing their role post-sale. The owner, deeply involved in sales and deliveries, is open to showcasing the operation through a ride-along for serious prospective buyers. To ensure a seamless transition, the owner commits to remaining actively involved for two months post-sale. Seller is motivated and open to serious offers. Prospective buyers seeking a lucrative opportunity in the wholesale industry are invited to contact the listing broker, Brian Bernstein, at 929-969-0007.

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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.