For Sale in Los Angeles, CA
Financial & Assets Details
About the Business
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.
Business is well established after 30 years with base of repeat customers.
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