Textile Manufacturer - Novelty Knits
www.GlobalBX.com
Listing ID:
700245272
Listing Title:
Textile Manufacturer - Novelty Knits
Quick Link:
http://www.globalbx.com/listing.asp?bId=245272
Industry:
Manufacturing
Industry Segment:
Textiles and Materials Manufacturing
Country:
United States
State / Province:
California
Area
Southern California - Los Angeles Area
City:
Los Angeles
Asking Price Range:
$2.5M - $5.0M
Gross Revenues:
$3,000,000
Cash Flow:
$300,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2006
Number of Employees:
4 - 5
Business Description:
Textile Mfg – Novelty Knits, Los Angeles County, CA #120508
Unique Opportunity Now Available For Experienced Circular Knit Professional Or Garment Manufacturer Who Wants To Control Their Own Destiny And Uniqueness.
Textile Manufacturer With Unique Textile Knitting And Yarn Twisting Equipment Including Fine Cut And Course Cut Circular Knitting Machines Both Single And Doubleknit As Well As Three-End Fleece Machines Is Now On The Market.
Produces Novelty Knits For Both Ladies Fashions As Well As Mens Fashions.
Recently Lost A Major Customer So Sales Are Down But Production Capacity Is Now Available For Garment Fabrics, Sweater Fabrics, And More.
Large Facility With Good Lease.
Seller Retiring But Will Be Available To Buyer For A Negotiated Period Of Time If Desired.
1. Gross Sales 2015: $3,000,000
2. Equipment Valued For Resale At: $2,000,000
3. Seller Will Carry A Note For 50% of Sale Price For Qualified Buyer.
4. Sale Price: $2,950,000.
Business Is Well Established With Excellent Reputation For Quality And Customer Satisfaction.
FOR MORE DETAILS Please Call Either Mike Maiman at 855-343-5544 x309 Or Call Joe Goldberg at 818-342-5222 x313.
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