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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