Apparel / Lifestyle Company - IPO Ready
Location British Columbia,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 6 - 9
Inventory $100,000 +
Relocatable Yes
Number of Employees 6 - 9
Real Estate Leased
Training Many of the advisors, staff and management woul...
Reason for Sale The founder's commitment to This Company has ...
Description This Company is a Skate and Snow Influenced Fashion line that incorporates elements like music, art, technology, sport, and image to create a unique Lifestyle Brand. In an industry that has been overshadowed by giants like Quiksilver, and Billabong. This Company has been able to attract the attention of not only distributors and customers throughout North America, but around the world.
This Company's strategies, solid foundation, and sound business practices have also managed to capture the attention of big business in Vancouver. Prominent businessmen, that have worked for the TSX for over 20 years, are committed to seeing This Company become publicly traded and continue to grow.
Sale of Founders Shares:
- 4,500,000 shares (Approximately 77% of issued shares) at a discounted price of $0.15 per share. Last round of financing was done at in December 2005, and shares were issued at $0.40 per share.
- Financing is a possibility.
State of Company (Included in Sale):
- Market share has been captured, and the brand has been proven.
- Prototyping, design, and manufacturing processes and partners have been established.
- Distributor lists and strategic partnership databases have been created.
- One and three year strategic growth plans have been developed.
- Aggressive (Brand Name Awareness) and (Sales Driving) Marketing Campaigns.
- Large investment dollars have been put into the company.
- IPO strategy, advisors, and consultants are all in place.
- All company infrastructure is in place.
- Distribution channels have been established, specifically in Canada, and Europe.
- Involvements and affiliations with other businesses and industry related organizations.
- An immense amount of market research.
- Patterns / Designs / Artwork / Prints / Embroideries.
- Share structure and plan has been determined.
- Partnerships with retailers throughout Canada.
- Computers, software and related programs.
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