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Minneapolis, Minnesota ,
United States
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INDUSTRY
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Clothing
Other Consumer Products
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BUSINESS SUMMARY
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We are a specialty swim store focused on bringing its clients the most current fashions in couture, classic trends, cruise, and resort wear. With a growing consumer interest in having a complete beach ensemble, our dedication is to retailing collections from top designers, and carrying hard to find fits and sizes. Our customers may mix and match between styles to ensure the perfect look.
With over $400,000 in sales annual from our single location, and a 58% profit margin - we are ready to expand and bring our brand to new and exciting markets! We are seeking investors to help us open 10 stores by 2015 across the coast and midwest.
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BUSINESS FINANCIALS
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Asking Price: |
$15 - $50,000 |
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Past Annual Revenue: |
(12 month gross) $320,000 |
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EBITDA (cash flow): |
$75,000 |
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GENERAL COMPANY INFORMATION |
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Organization Structure: |
LLC |
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Date Founded: |
3/2006 |
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Furniture, Fixtures, and Equipment: |
investor opportunity |
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# of Profit Centers: |
1 |
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Headquarters/Main Location: |
Home Based
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Time on lease/mortgage: |
3 to 10 years
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Is Business Relocatable? |
Yes |
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Sellers Web Site: |
www.naninaluswim.com
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MARKET OUTLOOK/COMPETITION
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| American women, on average buy a new swimsuit every three years. Younger women under the age of 30, buy a new swimsuit every year. Women aged 25 – 45 that vacation via cruises or travel more than once a year purchases an average of 3 suits a year. Women spend about $160 for a swimsuit, while young girls spend about $100. Men generally spend half the amount that women spend for swimwear. The world swimwear and beachwear market is expected to grow by nearly 8 per cent in volume terms between now and 2012. Currently, we are the only shop of our kind. We have clients driving from Fargo, Madison and Chicago - as well as flying in from Texas and Las Vegas! |
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DETAILS ABOUT THE SALE
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Support & Training
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I currently do all aspects of operations and management for the business, as well as PR, marketing, graphic design, buying, inventory management, manual creation, web-site design and management, and accounts receivable.
Depending on the level of involvement desired by business partner/investor - you can be as active in the business as you would like, or have the option to be an absentee owner. |
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Reason for Selling
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We are looking for a Business Investor to help push us to the next level and to open additional locations. |
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Is Management Willing to Stay?
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Yes
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Are You An Intermediary?
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No
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Broker Cooperation
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None |
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Financials
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Asking Price |
| $15 - $50,000 |
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Past Annual Revenue |
(12 month gross)
$320,000 |
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EBITDA |
| $75,000 |
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Web Site Design
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