Business For Sale Listing #BFS-157770:
Mfr. Custom Leather Products
Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million ($4,000,000.) |
| Profits: |
Between $500 Thousand and $1 Million ($700,000.) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Fiscal Year: |
December |
| Asking Price: |
Between $2.5 Million and $5 Million |
Business Summary
Founded in 1969 this NATIONAL BRAND NAME in the insignia products arena dominates the college bookstore market for small leather goods and related items including back sacks, pad holders, ring binders, portfolios, ID holders, and wallets. The company has exclusive factories throughout Asia. As a vertical manufacturer the company controls all phases of the manufacturing process from design through development and quality control. The firm’s reputation for service, quality, value and reliability is unsurpassed. The company’s product distribution includes practically every University and College in the USA. License agreements are in place with all of the collegiate organizations which authorize the company to provide customized college logo products to the appropriate bookstores. In addition the company has the capability and capacity to produce and develop custom products for Corporate and Premium market. Each year the company produces a color catalog containing the approximately fifty items available in the various school colors and logos. The majority of the items manufactured are stocked in the companies’ warehouse and available for immediate customization and delivery by Outside Contractors used by the company. Sales are handled by a National Sales Rep. Organization with vast experience in the college market and a large staff of seasoned professionals. Management consists of four individuals including a Director of Sales and Operations, two Sales and clerical Assistants plus a creative service individual for custom logos and approvals. The warehouse is approximately 4,000 square feet. Business is relocateable.
