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International Modeling Agency In New York County For Sale

New York County, New York, US
Asking Price:
$9,100,000
Sales Revenue:
$4,812,646
Cash Flow:
$1,489,551

The international modeling agency is the largest in Latin America, with offices in Mexico, Colombia, New York and soon to launch in Brazil. It is recognized as the most inclusive agency and serves the most elite brands in the world: Versace, Calvin Klein, Victoria's Secret and several fortune 100 companies. The agency has experienced explosive growth over the last 3 years, as it has grown to 620 models.

Property Information

Real Estate:

Lease

Leasehold Rent:

$21,944 per annum

Location:

The modeling agency has 12 total offices, with 1 in New York City, 3 in Colombia, and 8 in Mexico.

Size in square feet:
35,160

Business Operation

Expansion Potential:

The owner launched the New York office in 2019 and has signed over 120 models in the last year. He currently has an expansion plan and personnel ready to deploy in Brazil, a new market for the agency should future ownership desire further international growth.

Competition / Market:

Not only is the agency the largest in Latin America, but it also has some of the most elite high-fashion models in the world under long-term contracts. Competition has been largely a non-issue in signing talent and winning castings for both recurring and new campaigns. Though Ford Models has recently restructured and collapsed its US agency into its Brazilian entity, they haven't been able to gain market share and retain talent.

Reasons for selling:

The owner is looking to exit and explore new business ventures.
Contact

Employees:
77
Years established:
2010

Other Information

Support & training:

The modeling agency has a fully operational support staff including seasoned managing directors at each office, high-fashion bookers, elite photographers, designers, and administrative assistants.

Contact Information

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