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Profitable Fashion Accessories Company
Seller Financing Available
Asking Price:   $490,000Inventory:   $100,000 ++
Gross Revenue:   $1,203,000Real Estate:   n/a
Cash Flow:   $131,000FF&E:   n/a
++ included in the asking price         ** not included in the asking price
Profitable Fashion Accessories Company
Profitable New York City company that designs, develops, and sells unique fashion accessories for women, teens, and girls.

The company’s designers work with overseas manufacturers to develop and produce a range of sparkling fashion items and accessories that can be personalized by the buyer, creating one-of-a-kind gifts or fundraising items. Popular products include bags, flip-flops, hats, and jewelry.

Customers include specialty retailers such as accessory, apparel and gift stores; salons and spas; dance and cheerleading gyms; and fundraising groups throughout the US.

To build sales, the company attends trade shows, advertises in trade media, contracts with independent sales reps, and implements on-line marketing initiatives. The company’s reorder percentage is among the highest in the industry.

The company’s products have been featured in a wide range of fashion and celebrity magazines, including Shape, People, Women’s World, and Life & Style.

All manufacturing is offshore, and the company has strong relationships with overseas manufacturers and shipping agents.

Gross margins average 46%.

There are multiple opportunities to continue to build the company and increase revenues, including:

1) Introduce new products. The company has a track record of developing new products that meet emerging fashion trends and build sales. With designers, manufacturers, distribution channels, and customers in place, expanding the collection to introduce other personalized, fashionable items will continue to build revenue. 2) Add new distribution channels. The company’s fashionable, fun, affordable products are ideally suited to sell via direct sales and in-home parties. 3) Develop e-commerce initiatives. There are many opportunities to further develop the company’s online presence to increase sales.

The company’s founder will be available to ensure a smooth transition to new ownership, and continued company growth.
About the Business
Year Established:2004
Employees:5 full time - 1 part time
Relocatable:Yes
Market Outlook and Competition:With a unique concept, the company's retailer reorder percentages are among the highest in the industry.
About the Sale
Management Training and Support:Founder will be available to provide training and ensure a smooth transition.
Reason For Selling:Spend time with family.
Seller Financing:Some seller financing may be available for a qualified buyer.

KEYWORDS: fashion, accessories, garment, shoes, clothes, jewelry, hats, bags, flip flops, distribution, design, manufacturing, overseas, China, India, retail, New York, women, teens, girls,


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Business Listed By
Sally Anne Hughes  |  Hughes Klaiber LLC
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Industry: Wholesale and Distribution

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