Textile Mfg – Novelty Knits, Los Angeles County, CA #120508.
Unique Profitable Opportunity Now Available For Experienced Circular Knit Professional Who Understands The California Apparel Market.
Textile Manufacturer With Unique State Of The Art Textile 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 With Sales Trending Up Year Over Year For Last Several Years And With Continued Potential To Increase Sales In The Novelty Knit Area For Ladies Fashions As Well As Mens Fashions.
Large Facility With Good Lease And Excellent Tracking Of Overhead.
Seller Retiring But Will Be Available To Buyer For A Negotiated Period Of Time If Desired.
1. Gross Sales 2014: $4,000,000
2. Owner Net 2014: $700,000
3. Sale Price: $3,000,000.
4. Seller Will Carry A Note For 50% of Sale Price For Qualified Buyer.
Business Is Well Established With Excellent Reputation For Quality And Customer Satisfaction.
Asking Price $2,950,000
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