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Manfacture Swimwear

This company has licensing agreements with world wide recognized clothing labels and is a leading manufacture of Ladies, Mens and Childrens swimwear.Net Assets in the total amount of $1,183,872 consisting of Factor Receivable
The licensing agreement is world wide rights and allows the company to manufacture and distribute Swimwear, Tanning Lotion, Boogie Boards, Beach Towels etc. The company ships and sells to 1,972 retail outlets and has Distributors in North America, Middle East, Australia, Canada., Mexico, Brazil, Germany, France, Sweden, Norway and Spain. The company has booked orders and anticipates total gross sales for 2009 at $12,000,000 The company has 15 employees and 6 Independent Sales Reps
Net Assets in the total amount of $1,183,872 consisting of Factor Receivable $1,050,134 Accounts Receivable $6,710 Inventory $732,767 and Accounts Payable included in purchase price.