Description About This Posting: Branded Fashion Accessories With 2 Retail Stores
A long-time successful fashion accessories business with a truly world class product line including handbags, scarves, jewelry, and belts.
Two separate brands with separate product lines. One brand features high-quality genuine leather products and the other offers products made of vegan leather.
The quality of the products and design is truly exceptional. A publicly traded US fashion company extended an offer to acquire the business and its product portfolio a few years ago at a substantially higher revenue multiple.
The business has two retail stores in prime West Los Angeles locations. The products are also being sold in leading US department stores as well as internationally.
Most recently, the business went through a round of restructuring, reducing the number of employees, improving logistics, cutting tradeshow expenses by $240,000, etc. The intention was to adapt the promotional strategy and focus on developing online sales channels. The net income projections reflect the implemented changes and are showing significant improvement compared with the last year's figures.
The business still has negligible online sales and virtually no presence on social media. A dedicated operator could greatly increase the bottom line, particularly since the buyers of the brand are mainly in the 20-35 age range and are likely to be responsive to the new strategy.
For contact information, please go to https://tomculo.com/.
To register as a buyer please go to Buyer Registration.
To get more information about this Branded Fashion Accessories With 2 Retail Stores business for sale in
Los Angeles County please phone Tom Culo (Broker - BRE License #:01484102) at 310-882-2200 X153 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #242623 on BizBen.com. In addition to phoning
Tom Culo, make sure you email Tom Culo above to get more info about this
Branded Fashion Accessories With 2 Retail Stores, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
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Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
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