Bill Williams
Ottawa, ON (CAN)
Role(s):
Loco Sports
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Startup
Location:
Ottawa
Industry:
Retail/Clothing
Year Founded:
2005
Number Employees:
INVALID
Description:
Loco Sports Canada has acquired the sole Canadian rights to a new line of high quality lightweight running shoes, with highly competitive pricing. The shoes are currently sold on-line ((URL removed))and at the grassroots level by attending race events and trade shows and to retail store across Canada. There is considerable interest and a high level of acceptance by athletes at all levels who are weary of the high prices and needless changes of the established shoes companies. Profit margins are significant and a 1% market share in Canada generates annual revenues in excess of $10 million. The proprietor is well aware of the potential scope and seeks an equity partner to help expand sales and marketing efforts -or possible sale of the full Canadian rights to a suitable retail chain or