MergerPlace

13 Year Old High-End Luxury Fur Clothing

Kiev, Ukraine


  • Asking Price: Not Disclosed
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #226459
  • Established: 2008
  • Employees:

Business Description

13 Year Old High-End Luxury Fur Clothing Business for sale, the raw material is acquired in Europe (Denmark, Poland, Netherlands) and manufactured in Ukraine (Kiev). The majority of the products (80-90%) is made by Mink, the rest by Karakul Sheep and Silver Fox. In the last few years, according to the IFTF, global fur sales have more than doubled, from $15.6 billion in 2011 to $35.8 billion in 2013. The primary driver of this growth is increased demand from China, which has offset the effects of wider economic instability and the impact on consumer preferences of years of high-profile animal rights activism.

The company has been selling its products in 9 stores in all richest cities in Ukraine. 2020 has been a difficult year due Covid, the Owner has decided to sell the business and invest in real estate.

Key Points:
Inventory List upon request
High Markup: 2.5x multiple
Selling Price: $1200 – $1500
Main Markets: Russia, Ukraine, Kazakhstan
Prices are below average, quality is much above average (-50% Lower than those Made in Italy and 70% Lower than those Made in Russia)
700+ SKU
Famous Brand
Optimized Website with Online Store
Multiple Size
OEM Collections (90%)
Assets:
$400,000 USD Inventory Included
600+ pcs ready for pick up in Kiev
YouTube Channel with 180,000 Views / 120+ Videos
Facebook / Instagram Accounts
Custom Photo shooting
Manufacturing Agreements
Certification for Exports upon Request
Owner willing to work with new owner to provide easy and successful transition.


Business Details

Primary Business Category: Manufacturing - Miscellaneous Manufacturing
Location: Ukraine
Metropolitan Area: Kiev

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Seller Financing Available: No

Property Information

Reason for selling:

New Venture

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Business Listed By:

Rick Brown

MergersCorp M&A International