Rapidly Growing International Modeling Agency
Price: $9,100,000
Annual Revenue: $4,812,646
Net Cash Flow: $1,489,551
Industry: Services
Location: NY, New York
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.
Listing Details
Reason For Sale:
The owner is looking to exit and explore new business ventures.
Training & Support:
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.
Operation
Year Established: 2010
Employees: 77
Location
Monthly Rent: 21944
Square Footage: 35160
Facilities Information:
The modeling agency has 12 total offices, with 1 in New York City, 3 in Colombia, and 8 in Mexico.
Summary
Competition:
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.
Potential Growth:
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.