Thomas Pillsworth
Champlain, NY (USA)
Role(s):
Founder/Owner/Principal
Vinumport Duty Free
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Startup
Location:
Champlain
Industry:
Wholesale
Year Founded:
1989
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
I am the new owner of a chain of 6 Duty Free Border shops along the NYS and Canadian border, 35 minutes south of Montreal Canada. These shops have been here for 15 yrs and I am the new owner. They are export only Tax and Duty free shops, part of a 34 Billion dollar worldwide, an extreemly profitable business. 100 to 200 % margins. Doing 1 million to a high of 5 million in sales, netting a million profit at their peak.
I need funding to re build this chain, re stock inventory and grow.
Partners, Investors, Equity shareholders.