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Apparel Company - Sells To Nordstrom
Location: United States -> California -> Southern California - Los Angeles Area
Industry: Manufacturing > Clothing and Footwear Manufacturing




Business Summary

We represent a company that sells fashion and bridal related dresses [$50 billion industry] and accessories and is a leader in the Mother of the Bride category at Nordstrom, Dillards and other retailers for 13 years.

-Provides access to 700+ retail stores cross sell, up sell and brand recognition

The founder would like to transition and stay on as the Brand Ambassador because of her ties to dressing Hollywood Celebrities as a 4 time EMMY winning costume designer!

-Benefit- Bridal is seasonal offers a retail position to sell year round fashion.

-Significant opportunity to shift production overseas [They manufacture in Los Angeles] resulting in 20-30%+ increase in EBITDA reducing COGS and SG&A significantly

-Reduce SG&A by ~ $1.0MM could run company with small staff that is integrated into your existing operations

The Company has never had an experienced management team that could grow distribution channels to take it to the next level.

Some highlights of the company:

-Well-recognized brand with significant Hollywood ties- one of the founders designed clothes worn by Halle Berry, George Clooney, Hillary Clinton, Matthew McConaughey, Nicole Kidman, Jane Seymour, Ethan Hawke, and CBS CEO Les Moonves.

-Company has a long-standing (13 years) history with prestigious retailer Nordstrom and maintains a best selling product line/a leadership position in an important category.

-Company has a unique proprietary manufacturing system that contributes to the success of the brand.

-$1.7MM EBIDTA [normalized]

-Debt-Free


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $6,800,000
Cash Flow:   $1,700,000
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2001
Number of Employees:  35 - 49
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Owner retiring

Photos

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Apparel Company - Sells To Nordstrom Photo 1 Apparel Company - Sells To Nordstrom Photo 2




Print Listing Id: 700245271
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