Looking for a buyer.
This popular men’s clothing brand was established over 20 years ago and thanks to their time and experience in the clothing industry has been able to establish distribution and business partnerships as well as a diverse client base and service area. With a popular parent brand and three underlying labels, this business is projected to make $9M in 2022! Located in New York City, this clothing supplier serves a wide variety of retail clients in the United States, Canada, and Europe. They can do this thanks to their work with three international factories in China, India, and Pakistan. Their skilled team also lends to the business’s success with 7 team members specializing in different necessary areas including design, marketing, sales, merchandising, and logistics. The current owner works remotely, and his responsibilities include general oversight of the company and approving product designs, neither of which require much time in person, meaning that this would be the perfect opportunity for someone looking for a company that would run itself with little oversight from that owner. While the primary focus and target audience of this business is men’s clothing, there is ample growth opportunities for new ownership to move into the women’s and children’s clothing fields. This could also be an excellent investment and consolidation opportunity for current clothing distributors struggling to break into men’s wear. Specializing in creating t-shirts, shorts, hoodies, long sleeves, and button-ups, the company has a well-established online shop where consumers can buy products. This online shop ships products to 8 different countries, including Germany and France. This company also collaborates with up-and-coming musical artists to offer exposure for not only the artist but also for the company. There are currently 20+ ambassadors who proudly display their clothing at concerts, musical festivals, and other public events. As far as industry uniqueness goes, they focus on keeping products “complex but simple” and staying ahead of the market. With a price of $2,225,000, and a 12.5% down payment of $278,125, a buyer can expect a return of $428,292 in the first year after debt payments! This business continues to preserve essential clients as well as providing excellent products and is looking for their next owner.
New York, NY, USA
New York, NY, USA
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