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Import/Distribution Textiles

For Sale in Los Angeles, CA

Listing ID: 1503264 | Broker Listing ID:

Financial & Assets Details

$360,000
$10,000
$400,000
3200+/-

About the Business

1988
1 FT
$4,500

Business Description

Textile Import and Distribution business established 30 years - Seller is Retiring. Seller buys the fabrics from overseas, imports and distributes fabric in the Los Angeles Garment District. Seller will stay with Buyer for 30 days after Close of Escrow and teach the Business Operation. Business did $716K in 2014, $596K in 2015, then due to illness the sales dropped to average $360K for 2016-2018. Business sales can easily be rebuilt by increasing Inventory for a better selection of colors and type Fabrics. Seller is tired and anxious to sell the business.

Growth & Expansion

Can grow the business with Marketing and increase Inventory covering the popular fabrics and colors. Seller has done no marketing and has downsized inventory.

Market Competition:

Business is well established after 30 years with base of repeat customers.

Location Details:

Business is located in center of Los Angeles Garment District

Support & Training

Seller will Train and introduce to Customer Base.

Reason for Selling:

Retirement after 30 years

Listing ID: 1503264

Contact Broker

BIR BUsiness Brokers www.bir.us Listings: 14(310) 704-7075 View My Listings

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