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National Wholesale Supplier Of Hangers And Fixtures

Morris County, NJ

National Wholesale Supplier Of Hangers And Fixtures
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $3,200,000

EBITDA: $600,000

FF&E: $1

Inventory: $1,000,000

Rent: $0.00

Established: 1967

National Wholesale Supplier Of Hangers And Fixtures

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Business Description

NATIONAL WHOLESALE SUPPLIER OF HANGERS AND FIXTURES

For more than 50 years this business has been one of the leading wholesale suppliers of hangers, clothing store supplies, fixtures, plus apparel manufacturer supplies for clothing retailers and manufacturers nationwide. Products sold include hangers in wood plastic & metal, garment racks, faceout display hardware, slatwall & gridwall accessories, glass display merchandisers, wall display systems, mannequins and showcases. The company has 15000 accounts with 500 active customers in any one month. Customers include national chains, specialty stores, men and women’s clothing stores, sporting goods stores plus approximately 100 distributors. Sales are highly repetitive and generated through e-mail blasts, the company web page, direct mail order catalogues, plus Amazon and E-bay. The business employs a stable and well trained staff of fifteen which includes the Owner, a General Manager, Two Administrative Staff, One Warehouse Manager, One Purchasing Agent, Three Inside Sales Staff along with Five Warehouse staff plus One Driver. The separately owned building occupies 30,000 SF of office, showroom and warehouse space. Flexible lease terms are available. Relocation is possible. Owner is retiring but is available for a transition period.

Detailed Information

Location:
Morris County, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
30,000
Lease Expiration:
N/A
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
For more than 50 years this business has been one of the leading wholesale suppliers of hangers, clothing store supplies, fixtures, plus apparel manufacturer supplies for clothing retailers and manufacturers nationwide. Products sold include hangers in wood plastic & metal, garment racks, faceout display hardware, slatwall & gridwall accessories, glass display merchandisers, wall display systems, mannequins and showcases. The company has 15000 accounts with 500 active customers in any one month. Customers include national chains, specialty stores, men and women’s clothing stores, sporting goods stores plus approximately 100 distributors. Sales are highly repetitive and generated through e-mail blasts, the company web page, direct mail order catalogues, plus Amazon and E-bay. The business employs a stable and well trained staff of fifteen which includes the Owner, a General Manager, Two Administrative Staff, One Warehouse Manager, One Purchasing Agent, Three Inside Sales Staff along with Five Warehouse staff plus One Driver. The separately owned building occupies 30,000 SF of office, showroom and warehouse space. Flexible lease terms are available. Relocation is possible. Owner is retiring but is available for a transition period.
Support & Training:
yes.
Reason for Selling:
Retire
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Frederick B. Collins

Business Listed By:
Frederick B. Collins

Fidcol Corporate Services Inc.

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