Local apparel clothing manufacturing business for takeover including business name, existing clientels, machineries and existing employees.
Annual turnover for last 2 years was $700k. Was a leading major local supplier in the industry for many years with annual turnover in the millions of dollars before the pandemic.
Owner retiring after more than 40 years in the business.
$150k takeover fee.
Will re-imburse $50k for renovation if relocation is required.