Business For Sale

Famous Vegan Fashion Brand

New York, NY
New York County


Asking Price: Annual Revenue:
$500,000 $1,148,955

Manufacturing: Clothing, Jewelry


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RE: Famous Vegan Fashion Brand Broker: Moses Shmueli
Owner Financing is Available!

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,148,955
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 812026891
Broker Reference #: EthicalFashion

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Business Overview:

The Company is a Vegan fashion brand that is a pioneer and leader in the manufacture of stylish and warm outerwear that is animal-free, ethical and environmentally friendly. Its products incorporate high-tech materials consisting of organic and recycled fibers that perform better than animal fibers and are cut and sewn locally in the United States utilizing ethical manufacturing practices.

The Company’s organic growth has been achieved primarily by word of mouth, extensive editorial coverage and through extensive partnerships with non-profit organizations. Examples include being named “a rising label” and “best wool-free brand" by Vogue, "breaking runway history, the rebel of Fashion Week and the next Stella McCartney” by CNN, and Oprah declaring that it “proves animal-free fashion can be cute, chic and sexy”. Other examples include being named “one of the most innovative businesses in NYC” by BusinessInsider, “Best Wool-Free Brand” by PETA UK. In addition, the Company’s founder won PETA’s “Most Influential Designer” award, was featured in a campaign by Conde Nast and will soon be starring in a documentary produced by one of the world’s largest ecommerce companies.

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Market Competition and Expansion:

Ethical outerwear represents a $655 Million opportunity in the United States. Furthermore, 67% of Millennials say they want to support responsible brands. Conditions are now ideal for this segment of the apparel industry to experience similar growth. “Vegan” was named one of 2017’s top 10 words in fashion by Refinery 29 and according to global research firm J. Walter Thompson Intelligence’s Future 100 report, “vegan fashion will be a major trend for 2018, particularly in the luxury sector”. Having a first mover advantage and strong reputation, the company is well-positioned to scale for accelerated growth. The Company’s founder is receptive to staying on to help grow the brand further.

Reason for Selling:

Growth Capital

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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