Project Description

Well established, 20-year-old retailer and manufacturer of apparel with a focus on t-shirts and accessories.  The business operates under 5 brands and also offers custom wholesale screen printing and embroidery with 1,200 SKU’s available.  The business has 7,600 active B2B customers and over 90,000+ B2C customers. B2B customers include fortune 500 businesses!  Average order size is approximately $595 (B2B) and $52 (B2C).  The owner of the company works approximately 40 hours per week.  In addition, the business has 32 employees.  Operations require approximately 10k to 12k square feet.  Very diversified sales generation with 36% B2C, 52% B2B and 12% custom sales in 2020.  Many growth opportunities include targeting additional B2B customers, expansion to Amazon and other marketplaces, social marketing expansion, create additional brands in growing segments of the market such as (camping, pets, etc) affiliate marketing campaign, a strong PR campaign to continue to brand the business. etc.  The business provides new owner(s) with a complete turn-key business.  The seller will provide strong transitional support based on the needs of the buyer.  Owner is selling to focus more time on other business interests.

Financial Overview

  • 2021 Revenue: $2,655,796 (June YTD)

  • 2021 Profit: $269,707 (June YTD)

  • 2020 Revenue: $4,937,732

  • 2020 Profit: $396,650

  • 2019 Revenue: $4,948,509

  • 2019 Profit: $37,278

Additional Details

  • Status: Currently Available

  • Employees: 32

  • Years Established: 2001

Asking Price: $1,550,000 plus inventory (Approx Value: $300,000)

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