Lower Middle Market Apparel Wholesale Businesses for Sale

- Company that offers third-party quality assurance services in textile manufacturing. - Our customers are textile companies with their line of products. - We have partnerships with factories in Vietnam that help us deliver quality products for our clients. - Our focus is on price, quality, and delivery. - Our production quality assurance information service is the best. We don't compromise. - We also directly sell products like promotional caps, t-shirts, and uniforms for some clients. - Before COVID-19, the business had 52 employees and a small sample factory. - Post-COVID-19 the business is on the road to recovery and the sales are slowly picking up. - Our knowledge and relations with Vietnamese factories have been the formula for our success in business longevity. We have survived COVID-19 even as 70% of other players in our sector have shut shop. - At our peak, we have done annual sales of VND 12 billion. - Our business started in Canada 36 years ago and we started to produce children's clothes in Vietnam. 31 years ago, the owner moved to HCMC Vietnam, and 26 years ago they moved to Hanoi.

- Wholesale supplier of school and college uniforms, sportswear, footwear, and uniform accessories. - Have our own warehouse space for storage and the manufacturing process is outsourced to 2-3 tied-up units. - We supply to over 40+ schools and colleges in Bangalore. - We deal with INR 3 crore worth orders on an annual basis. Our sales are seasonal and we receive our orders from March-April and during December. - We received orders worth INR 3 crore for the upcoming academic year, but our operations are currently on hold due to COVID restrictions, and the pending orders will be fulfilled once the schools reopen. - Business with good profit margins and huge scope for expansion with over 40,000 schools in Bangalore alone. - Selling price includes full business, license, stock, and clients. The warehouse space a freehold property and is not included in sale. The buyer will have to set up their own warehouse.