Niche-Focused Women's Bag Brand, Online And Wholesale
Not Disclosed, NY New York County
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- RE: Niche-Focused Women's Bag Brand, Online And Wholesale
- Contact: Eric Straus
Quick Facts
| Asking Price: | $99,000 | |
| Annual Revenue: | $144,257 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $78,702 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 992824 | |
| Broker Reference #: | 6842-594685 |
Business Overview:
Niche-Focused Women's Bag Brand, Online and Wholesale
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.
Business is home-based. A 200 sq ft storage space is utilized for inventory.
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Reason for Selling:
other interestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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