The Company, founded in 1997, is a wholesale distributor to its proprietary, well recognized, French Fashion line. The firm has a complete spectrum of medium high end collections for women in the 20-45 age range, and includes bags, dresses, pants, skirts, and tops. Over the last 14 years the company, through its just-in-time product delivery system, has maintained strong sales with 2011 topping $2.8mm with a net profit-margin of 22-26% and is currently looking to be completely or partially acquired. Seller will consider staying on board indefinately with the right partner. The Company works with manufacturers in France to choose products that are fashionable, manufactures the collection and imports the product under their proprietary label. The firm purchases an initial sample of clothes and attends trade shows. Over 80% of sales are derived from trade shows.
Miami Beach, South Beach, Florida
Reason For Selling:
Seller wishes to reduce travel