Business, NEXT Way Clothing, Pompano Beach, FL 33069
Seize a rare opportunity to acquire Fashion Textile of Florida LLC (DBA Next Way USA), a thriving textile business located at 3050 NW 25th Ave, Pompano Beach, FL 33069, now available for $2,500,000. Specializing in high-quality, American-made textiles for the fashion industry,
Next Way USA has built a strong reputation for quality and sustainability, serving clients nationwide through its fully functional e-commerce platform. With a proven track record of stable financial performance—achieving a net income of $269,402 in 2018—and a strategic location in South Florida’s bustling commercial hub, this business is poised for continued growth. Backed by a lean operation and a loyal customer base, Next Way USA offers investors a turnkey opportunity to step into a scalable, e-commerce-ready business with immense potential—act now to secure this gem!
Property Facts
- Business Name: Fashion Textile of Florida LLC (DBA Next Way USA)
- Address: 3050 NW 25th Ave, Pompano Beach, FL 33069
- Business Type: Textile Manufacturing and Sales (Fashion Industry)
- Ownership: Domestic Limited Liability Company (LLC)
- Employee Identification Number (EIN): 86-2907290
- Year Established: Pre-2018 (based on financial data)
- Asking Price: $2,500,000
- Number of Partners: 2
- Operation Type: Made in the USA, E-commerce Ready
- Website: https://nextwayusa.com/
- Partnership Representative: Ahmed Attia (LLC Member)
Key Highlights
- Made in the USA Excellence: Next Way USA prides itself on producing high-quality textiles entirely in the USA, resonating with customers who value sustainability and craftsmanship, ensuring a competitive edge in the fashion industry.
- E-commerce Ready Platform: With a fully functional online platform (https://nextwayusa.com/), the business enables seamless nationwide sales, offering a scalable digital presence to reach a broader market effortlessly.
- Lean and Efficient Operation: Operating with just 2 partners and a streamlined structure, the business maintains low overhead while delivering consistent output, as evidenced by its 2018–2021 financials, making it an efficient investment.
- Established Client Relationships: Backed by a loyal customer base in the fashion sector, Next Way USA benefits from repeat business and strong industry connections, ensuring operational stability and growth potential.
Investment Highlights
- Proven Profitability with Growth Potential: The business achieved a net income of $269,402 in 2018, with consistent profitability through 2021, offering a solid foundation for investors to scale operations in the growing textile market.
- Scalable Business Model: With an e-commerce platform already in place, investors can easily expand product lines or target new markets, capitalizing on the increasing demand for American-made textiles.
- Resilient Performance Across Market Cycles: Despite a dip in 2020 due to market conditions, the business rebounded with a $140,007 net income in the first half of 2021, demonstrating resilience and adaptability for long-term success.
- Turnkey Opportunity with Immediate Returns: Fully operational with established processes, Next Way USA allows investors to step in and generate revenue from day one, supported by its existing client base and digital infrastructure.
Location Highlights
- Prime Pompano Beach Location: Situated at 3050 NW 25th Ave in Pompano Beach, FL, the business benefits from proximity to major highways (I-95, Florida Turnpike), facilitating efficient logistics and distribution across South Florida and beyond.
- Thriving Commercial Hub: Pompano Beach is a bustling commercial center with a growing population of over 112,000, offering access to a skilled workforce and a vibrant business ecosystem that supports textile manufacturing.
- Access to Key Markets: Located just 10 miles from Fort Lauderdale and 40 miles from Miami, the business is ideally positioned to serve major fashion markets, with easy access to Port Everglades for international shipping.
- Supportive Business Environment: Pompano Beach offers a pro-business climate with incentives for manufacturing, bolstered by the area’s economic growth and proximity to major retail and fashion hubs, enhancing long-term value.
Financial Snapshot/Overview
The business has shown stable financial performance over recent years, with a strong emphasis on cost management and profitability. The following financial snapshot reflects the business’s performance based solely on data from the Profit & Loss Statements for 2018 to 2021. These figures do not include additional insights from the Balance Sheet or Cash Flow Statements. Full financials and most recent, including detailed expense breakdowns, Balance Sheets, and Cash Flow Statements, are available upon submission of a Letter of Intent (LOI).
2018
- Total Income: $1,205,432
- Cost of Goods Sold (COGS): $285,902
- Gross Profit: $919,530
- Total Expenses: $650,128
- Net Income: $269,402
2019
- Total Income: $1,165,327
- Cost of Goods Sold (COGS): $277,315
- Gross Profit: $888,012
- Total Expenses: $631,284
- Net Income: $256,728
2020
- Total Income: $589,117
- Cost of Goods Sold (COGS): $141,169
- Gross Profit: $447,948
- Total Expenses: $381,671
- Net Income: $66,277
2021 (Jan-Jun)
- Total Income: $290,374
- Cost of Goods Sold (COGS): $70,344
- Gross Profit: $220,029
- Total Expenses: $80,021
- Net Income: $140,007
Fashion Textile of Florida LLC (DBA Next Way USA) at 3050 NW 25th Ave, Pompano Beach, FL, presents a rare opportunity to acquire a profitable, e-commerce-ready textile business in a high-growth market for $2,500,000.
With a net income of $269,402 in 2018 and consistent performance through 2021, a scalable online platform, and a prime South Florida location, this American-made operation is poised for expansion. Don’t miss your chance to own a turnkey business with immediate revenue potential and a strong foundation for future success—act now to secure this exceptional investment!