Wholesale Based Import Himalayan Products Designs Business For Sale
Description
This unbelievably well rounded business was established 22 years ago by the current owner featuring free spirited fashions, accessories, handicrafts and gifts from the Himalayas. The importing is done from the democratic country of Nepal (no child labor & they do speak English) where the owner has developed a newly incarnated easier process. The goods are imported and distributed from the US Wholesale Outlet in Carmel Valley and the Retail location is adjacent allowing for employees to be cross trained for all aspects of the business. The historical product base is extensive and marketed through trade shows, nationwide reps, web site, and retail festivals. The business has a long standing loyal client base with vendors like Disney and Gaiam catalog. A member of the Fair Trade Federation for over seven years, the business is appreciated by many in both countries due to its location longevity and community outreach. The write offs and add backs are great with the research travel that is involved in running the entire business but recently simplified. The owner's current focus is streamlining all processes to simplify the current lines with a focus on the best sellers, increasing profit margins, and decreasing design time devoted to the business setting it up for an easy smooth transition for the new owner. This is a very long standing, solid, steady business with a proven track record. The owner will fully train the buyer with possibility of availability for consulting to ease the transition.Such a great rare opportunity, owner really hates to sell, but wants to slow down and write. The entire business is priced at only $190,000 plus inventory.
Carmel Valley: 1380 Sq. Ft. with Storage 150 Sq. Ft.
Hours: Wholesale M-F 10-6 Retail M-S 10-6
To Inspect: By appointment, please, with this office as owner does not want Customers or Employees to know the business is for sale.
Sales Revenue
Available on request
Net Profit
Available on request
Years Established
over 22 years ago
Expansion Potential
There is always more demand for items to be featured in new catalogues and other markets not yet touched. Another natural addition would be climbing apparel and warmer apparel for the mountain lovers (with the Himalayans near by).
Competition/Market
Very little competition with the Catalogues the products are featured in, set contracts with the nations largest and well established venders and over 40 year knowledge of the crafters.
Support/Training
The owner is willing to stay on as a consultant and or designer for a designated time period. The transition period could easily be 6 months to meet all the crafters/suppliers and get familiar with Nepal.
Reasons for Selling
Time for retirement!
Tenure
Leasehold
Lease Terms
The current lease terms are the best in the area. The owner has restructured the overall plan and function of the company since it is Wholesale based allowing it to be moved anywhere in the country. If you are looking to expand this is the business for you!