Wholesale Hosiery and Apparel Business in NY - 35818 Business Type: apparel and accessory store,internet business services (b2b),internet businesses,misc. wholesale/distribution/non-classifiable,wholesale/dist businesses,routes
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $400,000 | Down Payment | $400,000 |
| Gross Revenues | $1,000,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $200,000 | Number of FT Employees | Register Free to View |
Financing
$400,000 Down and
Business Description
Brooklyn-based B2B wholesale route business specializing in hosiery - Situated in a strategically located Brooklyn warehouse, the owner manages the delivery of advanced orders encompassing hosiery, apparel, towels, bed sheets, and purses in multi-packs.
Catering to "mom & pop" and discount stores in NYC, Long Island, and northern New Jersey, the business maintains a loyal customer base of 150 long-standing repeat clients.
Records and invoices reflect an impressive $1,000,000 in annual sales. The business achieves a net profit of $200,000 after compensating a dedicated helper $700 per week, who is committed to continuing their role post-sale.
The owner, deeply involved in sales and deliveries, is open to showcasing the operation through a ride-along for serious prospective buyers.
To ensure a seamless transition, the owner commits to remaining actively involved for two months post-sale.
Seller is motivated and open to serious offers. Prospective buyers seeking a lucrative opportunity in the wholesale industry are invited to contact the listing broker, Brian Bernstein, at 929-969-0007.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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