Description

Profitable and turnkey uniform retailer with a fully functional e-commerce website and over a dozen school organization contracts in a busy street retail location within a prime commercial area. This is a huge opportunity to expand into the uniform market, especially as more schools in the area begin to mandate uniforms. The new owner will ideally also expand into the medical, dental, airport, and restaurant industries since there are a large number of medical buildings and other businesses in the area, and build upon the existing online presence in all markets.
They are well known in the community and have a history of providing top quality uniforms at the best prices for about 10 years. Includes all of the machinery and equipment in the store, including the top quality industrial brand Juki stitching, sewing, and button machines, along with cutting machines for making minor alterations, equipment to add custom patches and embroideries onto the uniforms, and the uniform patterns which can be expensive to replicate today.
The business does have one major busy season with schools, starting from July to mid-September before the academic school year begins. The owner has developed great relationships with some of the top vendors and suppliers in the nation and will be introducing the new owner to all of them, including assisting with renewing as many school contracts as possible, training on basic cutting, machinery usage, and vendor ordering/buying strategies. Business also includes a store-issued gift card system and DVR camera security system.
This is a sale of assets-in-place with limited books and records. Seller indicates the profit is approximately $100,000 annually. Asking price is $89,000 plus inventory at cost. The above referenced numbers and figures are per the Seller and are approximate. The Buyer is to complete their own review of books and records during due diligence. Buyer must sign a confidentiality agreement before any additional information is released. Please contact Arin at (818) 926-3001 or arin@business-team.com.

Financial Summary

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