Description

Great Children Clothing Brand Name for Sale. The company has designed, manufactured through outsourcing to local vendors and distributed children clothing under its own brand name since 2006, its products has been shown on 200 magazines thanks to its great design and made-in-US quality, and were ranked the Best Children's Clothing Products by LA Magazine. Its products had been sold through third party showrooms to 5 major cities in the country, including LA, New York, Chicago, Atlanta, Dallas, and has supplied to Costco in the past. Its sales record in past 3 years is as follows: $250k for 2014, $400K for 2013 and $700K+ for 2010 and 2011. Due to the economy and less margin for clothing products made in the US, the company has been experiencing difficulties to get returns on its investment in production and marketing, and due to lack of capital and production capacity, the company close its distribution in 5 US cities and Cosco last year and shut down its production in August 2015. The company currently sells its products through its own website and Amazon. The company had presence in China through a master franchiser who helped setting up 70 store in southern China, and gross sales from China alone had reached $3-4mil, and now the 70 stores were closed due to franchise terms ended. The sale will include the company website and the brand name which has been registered as trade mark in the US, India and Taiwan and partially in Mainland China, and the company's client lists. The ideal prospect buyer would be someone who has existing manufacture capacity and need an established brand name to sell to US, Europe and Australia market. Name recognition will help the sales immediately. The in-house designer who has been with the company since its start is willing to be part of the new team which will take the company to the next level. For more info, contact w/ listing ID LA3923

Posted Feb 18, 2016

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