Business Summary
One of the Largest embroidery companies on the US West Coast presents an excellent investment opportunity in the garment industry. Established in 1987, the Company has a strong track record in providing Embroidery and Embellishment services and sales to the high end garment manufactures in Los Angeles. The recent market conditions and customer’s demand have been presenting additional opportunities with both existing and new customers that the business is undergoing expansion into garment sewing and finishing. Currently the Company provides 80% of its Embroidery and Embellishments services to several high-end Los Angeles and Southern California denim designer jean companies, including Guess, J Brand, Hudson Denim, Citizens for Humanity, 7 for All Mankind, and True Religion; with 20% of business going to other companies requiring embroidery and embellishments on blouses and other garments, along with embellishing business of promotional garments such as caps and t-shirts. With its established product lines, sales channels and years of industry reputation, this business provides an opportunity for overseas garment company to enter the supply chain for designer brands in the U.S., and a perfect EB-5 project for foreign investment coming to California. The Price includes $940,000+ in assessed equipment. Financing with about 75% (SBA) or 85% (commercial) of the purchase has been pre approved for qualified buyer. The 2013 financial report will be available in March 2014. For more information and a full Confidential Business Report, please contact the listing broker Wen Chen-Karkhanis at (941)562-9920 or
[email protected] with Listing ID 3591.
Property Details