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Footwear Company Investment Opportunity in Toronto, Canada

Patented apparel (shoes and active wear) business in Ontario is seeking funds for business expansion.

Established 20-30 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 255 thousand
Run Rate Sales USD 260 thousand
EBITDA Margin 40 %
Industries Apparel and Accessories + 1 more
Locations  Toronto
Local Time 7:06 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 146 thousand for 20.0% stake (Native Currency: CAD 200,000)
Reason: To fulfill orders and create new crowdfunding campaign.
Includes physical assets worth USD 36.4 thousand
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Business Name
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Documents
Business Overview
- Global recognized supplier of footwear and active wear for beach sport industry.
- We have a footwear brand, an apparel brand and socks brand that are all trademarked and each owns a patent.
- We have 3rd party manufacturers to manufacture our products for us.
- We have 7 vendors in total, 4 for footwear, 2 for apparel and 1 for socks.
- 90% of our clients are actual end users (B2C).
- At present there are no business loans taken by the company.
- Promoter has more than 20 years of experience in this industry.
Products & Services Overview
Beach and casual footwear and beverage Insulation sleeves.
Assets Overview
Tangible assets: stock, furniture and raw materials.
Intangible assets: Website, social media sites, business license.
Facilities Overview
We have privately owned facility in Canada.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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