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Outside of San Francisco

  • Listing No.: 140-00048

  • Category: Manufacturing

Asking Price $1,300,000.00
Down Payment $550,000.00
Gross Revenue $3,400,000.00
Total Adjusted Net Income $461,960.00
Equipment / Fixtures $600,000.00
Year Established
General Location Outside of San Francisco
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42-year established business, industry-leader in apparel manufacturing and it has and unlimited potential for growth. This company is the  largest domestic manufacturer of unique apparel accessories, specializing in belts and suspenders, as well as imprinted belts, suspenders, arm bands, leg bands, and sock garters. The company proudly offer items "Made in the USA," with over 400 unique proprietary designs, which prohibits copying by other entities. Custom designs are made upon request from customers. Production equipment utilizes sophisticated machinery, most of which has been custom-designed to ensure maximum productivity and quality. This manufacturer has an established network of reliable, long term repeat customers. Approximately 80% of the sales are distributed domestically, and 20% internationally. Historically, this manufacturer has been a supplier of products to major music & media personalities, including Madonna, One Direction, Willie Nelson, Jane Fonda, Larry King, Mork & Mindy; food industry tycoons, including Gordon Ramsay restaurants and Black Bear Diners; universities, including UC Berkeley; other well-known brands and entities, including Harley Davidson, West Point, King Gustav of Swedish royalty, etc. We supply retailers, wholesalers, and e-commerce customers in many different markets and industries. This is a very stable and profitable business. It is located in an area that demands high minimum wages and the profit can be doubled if relocated to another more favorable wage state. 

Gross Revenue $3,400,000.00 Listed Price $1,300,000.00
Total Income $461,960.00 Down Payment $550,000.00
Base Rent $12,000.00 Square Feet 13000
Total Rent $12,500.00 Lease Expiration
Rent Deposit Lease Options 2 / 3 years
Inventory Not Included Leasehold Improvements $100,000
Equipment / Fixtures $600,000.00 Other Assets
Full-Time Employees 42 Training Period 30 Days
Part-Time Employees 1 Special License Required
Contract Staff Reason for Selling Retirement

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.