Mfg. - Apparel & finished fabrics | Wholesale/Dist. - Durable Goods

$Seller Financing Available

Asking Price	$350,000	Inventory	$150,000**
Gross Income	$1,203,000	Real Estate	na**
Cash Flow	$135,000	Year Established	2004
FF&E	N/A	Employees	5

* included in the asking price

** not included in the asking price

Fashion Accessories Company

Profitable New York City company that designs, develops, and sells unique fashion accessories for women, teens, and girls. The company's designers work with overseas manufacturers to develop and produce a range of sparkling fashion items and accessories that can be personalized, creating one-of-a-kind gifts or fundraising items. Products include bags, hats, flip-flops, jewelry and more. Customers include specialty retailers such as accessory, apparel and gift stores; salons and spas; dance and cheerleading gyms; and fundraising groups throughout the US. To build sales, the company attends trade shows, advertises in trade media, contracts with independent sales reps, and implements on-line marketing initiatives. The company's products have been featured in a wide range of fashion and celebrity magazines, including Shape, People, Women's World, and Life & Style. Gross margins average 46%, and there are multiple opportunities to build revenue and increase net income.

Facilities: The company has flexible short term lease for office and warehouse space. Company could be relocated if necessary. Inventory to be valued at sale date. Inventory over $100K to be added to selling price.

Competition: The company has a unique concept that results in retailer reorders among the highest in the industry. Gross margins are high (45%) and with an affordable retail price point, the current economy has had a limited impact on sales.

Growth/Expansion: There are multiple opportunities to build the company and increase revenues, including: Introduce new products. The company has a track record of developing new products that meet emerging fashion trends and build sales. With designers, manufacturers, distribution channels, and customers in place, expanding the collectionwill build revenue. Add new distribution channels. The company s fashionable, fun, affordable products are ideal for direct sales and in-house parties. Develop e-commerce initiatives.

Seller Financing Available: Yes

Financing: Some seller financing available for qualified buyer

Support/Training: Seller will provide training to ensure a smooth transition, and will also be available for a longer term on a consulting basis

Reason Selling: Spend time with family