Manufacturer - Handbags For Sale
Description
Manufacturer of Designer Fashion HandbagsPrivate label manufacturer of high-end, couture handbags is available for sale in Orange County.
This established business is well-respected in design circles. Customer list includes top tier fashion handbag designers from both coasts, including Gioiosa, Raven Kauffman, Lona Gutknecht, Michelle Monroe, Stasia Reisfield.
Owner uses a unique pattern-making process that results in a consistently superior finished product. These handbags can typically sell at a retail price of $2,000 each.
Business has two well-trained employees and is currently housed in a 1,400 sq. ft. facility with flexible lease terms.
Seller was trained in Italy and is willing to pass on his vast knowledge to the buyer as part of a generous training program. Seller is also open to the possibility of staying on as a consultant or part-time employee.
Sales: $101,580
Furniture, Fixtures and Equipment: $12,000
Seller's Discretionary Cash Flow: $31,800
Asking: $95,000
Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.
Included in asking price
Furniture / Fixtures and Inventory / Stoc included
Sales Revenue
101580
Net Profit
31800
Years Established
2003
Location
1,400 sq.ft.-rent-$900.00.
Support/Training
seller will provide training.
Reasons for Selling
other ventures.
Finance Available
not disclosed.
Furniture/Fixtures Value
$12,000 (included in the asking price)
Inventory/Stock Value
$5,000 (included in the asking price)
Tenure
Freehold
Lease Terms
lease is month-to-month - option not disclosed.