Catylist ID:
#30820233
Gulf South Apparel Wholesale Business for Sale with Real Estate
Undisclosed Address, Baton Rouge, LA 70806
Business Opportunity
for Sale
| Catylist Listing ID: | 30820233 |
| Property Subtypes: | Wholesale and Distribution |
| Building Size (RSF): | 33,000 SF |
| Sale Price: | $3,000,000 |
| In Opportunity Zone? | Yes |
| Gross Revenue: | $0 (Annual) |
| Cash Flow: | $0 (Annual) |
| Last Updated: | 5/9/2023 |
Overview / Comments
|
Duran Advisors presents this gulf south wholesale business for sale with Real Estate. The company has been in business for decades and has weathered every storm imaginable. The recent pandemic only strengthened their numbers by forcing the owners to eliminate unnecessary expenses. The industry has seen increased margins due to a shifting customer base. The owners believe the trend will continue into the foreseeable future. The business thrives due to the customer service-driven culture and the dedication of the diverse customer base. All client lists will be included, and the owners will transition the relationships upon sale. This successful company boasts a strong centralized location. While the business operates in all 50 states, most of the business takes place within a four-state area they serve. The company owns a purpose-built property that has an additional 20% of unused capacity with additional land that can be developed. The building and property have been appraised for $1,425,000. The inventory varies over the course of the year. The inventory amount will be added to the sale price at closing. It will be priced at the current wholesale value. That amount at the time of writing this ad is $1,700,000. The owners would like to sell the business to retire. Well-known dominant, highly profitable companies like this do not come to market every day. Come and experience the workflow, see the beautiful facility, and secure this amazing company before someone else snaps it up. In 2022, the company had a net profit after all expenses of $335,383 just through the month of May! Duran Advisors has prepared a 30+ page Confidential Business Review (CBR) that is made available to qualified buyers. This is a structured sale with the following schedule: 2/22 Question Submission Deadline 3/01 LOI Submission Deadline 3/31 Due Diligence End & Close (time may be extended for financing) For more information, contact Joel Duran, CM&AA, CM&AP, CEPA, CMSBB, at (504) 321-0196. The Real Estate broker for this listing is John Sanderford, and he can be reached at (504) 321-0196. |
Additional Details
| Industry Segment: | Wholesale and Distributors |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Value of Real Estate Included ($): | $0 |
| © Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions. |
