Listing Number: 6842-594685
Description
The Company is known for its high-quality nylon craftsmanship, distinctive design aesthetic, and strong customer loyalty. In addition, the Company has recently launched a complementary line featuring women’s clothing and bags, further expanding its presence in the fashion and accessories market.
Originally founded in 2000 as a retail storefront located in New York City, in 2012, the Company expanded its reach by launching its e-commerce platform. The physical storefront operated successfully for two decades before closing in 2020.
The wholesale division was introduced in 2003 and has historically contributed between 30% and 50% of total revenue. Over the years, the company has maintained more than 200 wholesale accounts. Currently, the business generates the majority of its revenue through direct-to-consumer retail sales, however key growth opportunities include expansion into retail brick-and-mortar locations, scaling the wholesale channel, diversifying product offerings, and broadening the customer base to include international markets.
Listing Details
- Price: $99,000
- Down Payment: $89,000
- Sellers Discretionary Earnings: $78,702
- Total Sales: $144,257
- Location: New York County, New York
- Inventory: $30,000
- FF&E: $1,000
- Employees: 0
- Year Established: 2000
- Reason for Selling: Other Business Interests
- Category: Wholesale,Clothing,Manufacturing
