Manufacturer Of “everyday Apparel” With Big Box Clients For Sale

Priding themselves on what is called “Elevated Everyday Apparel,” which they design, oversee manufacturing, and then distribute to their clients. Their clients are highly reputable and recognizable, including Nordstroms, Burlington, PacSun, and as of last quarter, they are now rolling out Target! The company has manufacturers in Mexico, Guatemala, and China and distribution throughout North America. They have 10 of their own brands, over 50 licenses, and also do white label for retailers. The team is well developed with 4 in management/office administration, 7 in art and design, 3 in sales, and 4 in production. The two owners spend about 20 hours a week in the business, with Owner 1 overseeing the production and sales team, and Owner 2 working with the art department and merchandising. One person easily could perform both roles. This replacement salary is accounted for in the cash flow. As a show of good faith, they are offering a combination of 10% promissory note and a 10% equity roll for a total of 20% proving their vested interest in the continued success of this business.