ACQUISITION OPPORTUNITY D-1631

DISTRIBUTOR OF SEWING SUPPLIES AND EQUIPMENT

This well established (50+ years) Company distributes an extensive variety of products (12,000 SKU’s) to a broad base of customers located throughout the entire United States.  The customer base of approximately 15,000 accounts includes apparel manufacturers, department store chain workrooms, dry cleaners, tailors and drapery makers, embroiders, and upholsterers.  The Company also operates a very successful retail division (17% of total sales) that sells sewing supplies and fine fabrics to the home sewer and some commercial accounts.  The companies can be purchased jointly or separately.

 HIGHLIGHTS:

·         Well established company (50+ years) with an excellent reputation.

·         Broad loyal customer base (15,000).

·         Attractive gross margins.

·         Consistent profit history.

·         Exclusive contracts with major department store chains.

·         Extensive product mix positions Company as “single source supplier.”

·         Possible industry consolidation opportunity.

·         Management willing to stay on.

FINANCIAL SUMMARY  ($000):