Kurt Nelson
Biloxi, MS (USA)
Role(s):
Founder/Owner/Principal
Coastal Clique LLC
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Startup
Location:
Biloxi
Industry:
Retail/Clothing
Year Founded:
2015
Number Employees:
10-50 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
OUR MISSION
TO SEND BEACH VIBES, WORLDWIDE, THROUGH AN INTERACTIVE, ONLINE SHOPPING EXPERIENCE.
Coastal Clique was started two years ago by owners Kurt, and Jacqueline Nelson. What started out as a second income hobby, quickly turned into one of the industry’s leading pearl jewelry companies. We have grown in success each year and have established an exciting, new way to sell our product. Pearls have been on the market since the Persians started harvesting them over 2,000 years ago, in recent history pearls have taken the back burner to diamonds, however through our creative marketing techniques, we have been successful in turning a normally slow selling stone, into a trending product for our customers.
Over the course of two years Coastal Clique has received 16,261 orders with a total revenue of $671,850.19.
Moving forward, the plans for Coastal Clique are to increase in-stock products to give our customers a faster, more efficient turn-around time on their orders, as well as to double the company’s profit margins. We are also looking to obtain permanent legal counsel, full-time jewelry staff, website upgrades, marketing, and debt consolidation. Any remaining funds will be kept in the merchant account for lower processing fees and fallbacks.
We estimate that this loan/investment will nearly triple our capabilities bringing Coastal Clique to a yearly revenue of $1,800,000.00.