Retailer of Licensed Clothing and Merchandise
Gross Revenue: | $13,008,000 |
EBITDA: | $1,297,000 |
The Company retails a diverse assortment of apparel, accessories & gifts, and merchandise with beneficial licensing agreements in place for the lucrative sale of products with trademarks. The products are sourced from top-tier suppliers, then sold from physical store locations with large-volume supplemental online sales through a dedicated website. The Company has established a large customer base over many years in business.
Key Aspects
· Wide array of high-end clothing products, themed, manufactured to the best possible quality, and sourced from reputable suppliers & brand affiliates.
· Licensing agreements in place for both locally sourced and imported products.
· Expanding product lines include gifts, sporting goods, jewelry, novelty merchandise, and food & beverage products.
· Diverse revenue streams through multiple retail locations, wholesale outlets, and online sales via a seasonally updated, SEO optimized website.
· Vertically integrate with marketing, printing, licensed retailers, and merchandise development businesses.
· Growing faithful customer base is built upon historic name, brand awareness, continuous operation since 1993.
Opportunities:
· Continued expansion of the customer base as numbers increase year after year
· Utilize a customer relationship management (CRM) system and loyalty program to increase existing sales to the established customer base
· Reinforce and augment the search engine optimized brand names with a developing social media campaign
· Work with an outside sales representative with expertise selling to new markets
· Creation of in-house brands and apparel lines for both retail, wholesale, and online sales with minimal additional sourcing costs
· Expand to include additional brick & mortar satellite locations with accompanying warehouse space for distribution and e-commerce
Headquartered:
· Texas
Current Markets:
· The Company offers wide-ranging apparel, gift items, merchandise, food & home accessories, and activewear products through retail, wholesale, and online sales primarily for a connected customer base.
Real Estate:
· The Company operates from three retail locations, the locations with their support spaces total 24,500 square feet and are leased from an affiliated entity. The owners expect to retain all locations and lease them post-sale. A warehouse location totaling 9,750 square feet is leased from an unrelated third party and assumable by new ownership.
Shareholder Objectives:
· Two equal shareholders would like to make a full exit after a transition period. Succession plans are in place for existing staff to operate independently. Both owners agree on the sale and are willing to consider various deal structures to facilitate a transaction.