The Biz Blog
June 13, 2012 by Dan Munter
New BizEx Business For Sale: Children's Clothing Manufacturer
Dan Munter just launched a new listing: https://www.bizex.net/listing/532
Children's Clothing Manufacturer Asking: $495,000 * Gross: $710,035 * Net: $148,653
Hollywood based apparel designer and manufacturer of high-end children's clothing. Their products are currently sold in about 100 high-end boutiques nationwide as well as in mail-order catalogs and online flash sales sites around the world. The brand has been licensed in China and 40 stores are currently open. They believe the expansion and royalty potential in China and other parts of Asia is huge and they are working with an Investment Banking Company in China looking into that potential. They have been featured on the cover of 11 national magazines and was voted Best Children's Clothing Label by Los Angeles Magazine. In 2009-2010, the company went through a major restructuring by changing their business model. The result was that the company was able to trim their expenses by 66% by 2011 while increasing revenues 67% during the same period. The company is now on a solid path of profitability and growth. The time and money has already been spent to establish this well recognized brand. Now a new owner can step into a business that has already completed the start up process and is currently making profits. The owner is selling because she wants to get back to her passion of designing clothes, not running a business. Ideally she would like to stay at the company as the head designer.
In order to receive more information please go to www.bizex.net and register as a buyer. You can also contact Dan Munter directly at 310-882-2200 ext. 121
Dan Munter Email: dmunter@bizex.net Office: (310) 882-2200 ext 121 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/dan-munter
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