Broker Info

Miles M. Logothetis Business Broker (310) 882-2200 ext 105 LIC# 01406738

Summary

Business for sale is a wholesaler of children's hosiery (socks & tights), boys clothing, suits, tuxedos and accessories. Their expandable, global customer base make large orders for the same styles time and again, helping to secure solid, repeat customers that aren't able to find their favored or even required items anywhere else. The current owners have secured patents that preclude any other wholesaler or manufacturer from making their proprietary styles. Another benefit to the new owner is that the current owner has found new suppliers and manufacturers that will significantly reduce their costs of goods sold. The captive customer base, their unique merchandise, and the low costs of goods sold all come together to hold repeat orders, almost no expiring inventory, the highest level of quality, exclusive merchandise, and large margins. Opportunities to grow this business abound because the current business does not have a dedicated sales manager in place to capture the full potential of their existing markets or to capture abundant sales in new regions across the globe. The ideal new business owner should be confident in sales, be proficient in customer relations, and be able to manage approximately 3 to 5 employees to fully capitalize on the sales upside potential. Potential new owners should register at bizex.net and contact David Chung or Miles Logothetis at (310) 882-2200 ext. 105 or 103 or email to dchung@bizex.net or mlogothetis@bizex.net for more information on this exciting opportunity.

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