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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
Wholesale Hosiery and Apparel Business in NY
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Financial Information (non-confidential)

General Information
Asking Price $500,000 Down Payment $500,000
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


$500,000 Down and

Business Description

Cash heavy Brooklyn B2B wholesale hosiery and apparel business. Owner keeps a Brooklyn warehouse and delivers advanced orders of hosiery, apparel, towels, bed sheets and purses in multi-packs. Owner works full time handling sales and deliveries to his customers which are "mom & pop " and discount stores in NYC, LI and north NJ. 150 long-standing repeat customers. Customer has internal records and invoices to show $1,000,000 in annual sales. Business nets 200k after paying a helper 700/week. The helper would continue working. Seller is willing to take serious prospective buyers on a ride-along to see the operation. Seller will stay on 2 months to ensure a smooth transition. Small note may be available. Contact listing broker Brian Bernstein 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.