BUSINESS DESCRIPTION
California business for sale -This high-volume fashion apparel company designs, manufactures and sells casual and dressy non-denim juniors and misses bottoms slacks, shorts 26; skirts with a wholesale price point of between 24;7 - 24;13, with 85%; of the collection selling at 24;8.50 - 10.00 to stores like Mervyn';s, Rue 21, Dot';s, Buehlers, Vanity, Miller';s Outpost and J.C. Penney. All goods are designed in the U.S. and manufactured in the Orient. Company maintains showrooms in both the Los Angeles and New York City fashion centers. Also maintains an office in Vietnam to deal with import quotas that will be ending next year. Owner works half-time in the business, the rest of his time in other business activities to which he would like to devote all of his time and attention. Seller will consider a partnership buy-in with an eventual full buyout after 2 EF;BF;BD; 3 years. Seller contemplates an all stock transaction which excludes the value of inventory at closing, as well as funds on deposit with (i.e., due from) factors. For more infomation, please contact Brian Gunshor at 310-539-8300.