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NIche Domestic Manufacturer with Recurring Revenue – Off Market
BUSINESS FOR SALE IN Southeast Florida

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Listing Number: 3798

Summary - NIche Domestic Manufacturer with Recurring Revenue – Off Market

This highly confidential sale of a company that is the world’s leading manufacturer, designing and producing an ornamental niche product in textile novelty trimmings and has been operating continuously since 1864. This third generation, family-owned business is proud to have its products made in America. It is the only domestic company of this kind producing these products. Their products are used in a wide range of events and industries and supplied to over eighty countries in the world. With 17,495 square feet of manufacturing/warehouse and office space, they offer a multitude of product lines that are rich in color and made of the finest quality materials. With over 8 million pieces in stock, they offer same-day shipping. They are known for their Custom Designs and extraordinary customer service.The owner will stay on for one and up to three years, if offered to insure a smooth transition and success of the brand.

Listing Broker

Patrick Gagliardi

Patrick Gagliardi
Chief Operating Officer

Phone: 954-633-7278

  • Category:
  • Sub-Category: Apparel & Finished Fabrics
  • Asking Price: $5,500,000
  • Gross Sales: $3,863,941
  • Cash Flow: $917,316
  • County: Florida
  • Area: Southeast Florida
  • FFE: $636,390
  • Inventory: $2,000,000
  • Real Estate: $0
  • Employees: 17 - Full-Time 0 - Part-Time
  • Facilities: 17,495 sq. ft. warehouse with office space
  • Relocatable? No
  • Home Based? No
  • Market Notes: Well established market position in the industry with a loyal customer base. They have a strong online presence with very positive reviews.
  • Growth Notes: Growth opportunities through new product development. The business would benefit from an infusion of new energy in their sales efforts.
  • Support Training: Seller will assist in the orderly transition of business, staff, vendors, suppliers and customer base.
  • Year Established: 1864
  • Financing Terms: TBD
  • Reason for Selling: Exit strategy to retirement
  • Inventory Included: Yes
  • Is Franchise No
  • Lender Prequalified No
  • Absentee Owner No
  • Selling Financing? No
  • Is FEE Included? Yes