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13 Year Old High-End Luxury Fur Clothing Business

Kiev, Ukraine
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    13 Year Old High-End Luxury Fur Clothing Business

    TBD

    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.

    Detail

    Updated on April 19, 2021 at 6:03 pm

    Property ID:L#20210017
    Property Type:Internet Businesses, Manufacturing
    Property Status:For Sale
    Gross Revenue:TBD
    EBITDA:TBD
    Inventory:400,000
    Established:2008
    Support & Training:3 Months
    Reason for Selling:New Venture
    Country:Ukraine
    City: Kiev
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