Home Decor & Collectibles Products Company
Location New York,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $15000000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Description Founded in 1990, the Company has built a powerful brand by leveraging distinctive artisanship to create a dynamic range of luxury home products.
Located in New York City, the Company is the rare American brand that competes with European houses such as Lalique and Baccarat and outsells them from Neiman Marcus to Saks Fifth Avenue.
Publications such as Town & Country, Elle Decor, InStyle and House & Garden have lauded the Company's elegance and crowned it the premier home decor company.
The instantly recognizable collections attract a loyal following that includes Oprah Winfrey, Madonna, Halle Berry, Cate Blachett and Sir Elton John.
Devoted customers exhibit a passion reserved for the most successful brands and eagerly await each new collection while legacy products from the archives provide recurring revenue.
The Company is well-distributed in over 500 U.S. locations and 42 international locations including Harrods and Isetan plus freestanding stores in Dubai, Moscow and Kiev.
As a result of a transition at the master licensee and a challenging economy, the Company has experienced a decline in sales in recent years. With an injection of growth capital, the Company is well-positioned across multiple price points and geographic markets to realize additional growth.
The breadth of product and rigorous schedule of personal appearances by the iconic founder/designer create an unsurpassed customer loyalty. The Company has engaged a licensing agent to introduce the brand to additional categories and increase the Company's profitability.
From its atelier in New York City, the Company enjoys comprehensive design capabilities, compelling merchandising and a devoted sales team. Favorable leases create a unique opportunity to open freestanding stores in select markets in North America and around the world improving gross margins and bolstering brand recognition.
For more info on this Home Decor business for sale, please contact Will Fischtein.
Click Here To Contact Seller
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