Growing apparel brand - wholesale and DTC

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Background

BizEx ID:BizEx1407-SL
General Location:San Diego, CA
Category: Apparel & Finished Fabrics
eCommerce
Years in Business:6
Under Present Owner:all
Hours of Operation:8-5pm local
Owner Hours:40/week
Training:12 weeks @ 15 hours
Organization Type:S-Corp
Lease Expiration:July 2023
Lease Options:
Building Size:2140
Employees:8
Reason for Sale:continue growth

Financials

Asking Price:$490,000
Down Payment:Negotiable
Gross Sales:$1,031,202
Discretionary Cash Flow:$166,946
FF&E:
Inventory Included?No
Inventory:$75,000
Min. Operating Capital:
Real Estate Available?No
Rent:$2,463
Payroll:$5,000
Financing:SBA

2021 2020 2019
Gross Sales $ 1,031,202 $ 680,265 $ 577,583
Gross Profit $ $ $
Disc. Earnings $ 166,946 $ 73,816 $ 81,169

Description

Fantastic opportunity to acquire a growing apparel brand that represents SoCal style for families. The brand launched in 2016 and has seen steady growth since then with wholesale and DTC/retail strategies. The brand has been featured on numerous occasions in media outlets such as US Weekly, Vogue, Parents Magazine, People and Baby Center. The founder and seller works 20-40 per week mostly overseeing certain facets of the business.

The company is operated in the Southern California market with staff throughout the region.

- achieved revenue over 1M for the first time in 2021
- 60% DTC and 40% wholesale
- women owned and led company
- suppliers are domestic and overseas
- 165k of SDE in 2021, 2022 will be a similar year
- owner/founder willing to stay on if desired

For more information, visit Bizex.net to complete the Buyer Registration & NDA  Contact: Steve Lukes at 310.871.2909 - slukes@bizex.net


Download Setup Sheet



Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Steve Lukes
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 164
Direct: (310) 871-2909
Lic#: 02092334

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations