Business Location: Toronto Area Postal Code: M1A Relocatable: No
Business Categories:
Clothing & Textiles Wholesale Trade & Distributor
BUSINESS FEATURES
A leading designer in the bridal fashion mid-market, (dresses retailing between $2,000 - $5,000) is offering a 50% partnership in this successful and growing business, for the right partner. Growth momentum is excellent. The partner's responsibility would be to continue to build the business internationally, taking over the business development and marketing functions, as the designer must stay focused on design and manufacturing. As a partner, you should enjoy the challenge of building this business into a multi-million dollar company.
FINANCIAL INFORMATION
While the designer has been in business since 1985, over a half a million dollars was recently invested to take the business from a retail-focus with a growing wholesale business, to primarily wholesale. With profit margins very high in the mid-market bridal sector, only 2,300 dresses produced a year should result in over $750,000 in profit for the two partners (for perspective, 2.5 million couples marry each year in the United States and Canada.
MARKET & COMPETITION
With the new facility leased and beautifully furnished, the international sales momentum is building. The designer's leading-edge collections are industry hits, featured in major bridal magazines and are now being distributed through key bridal salons throughout the United States, with new growth from some top US retailers.
For further information - Contact the Broker/Agent:
by e-mail.
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