Northern Clover LLC | Application Preview
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General Information
Business Registration Number: 465599201
Location: Paradise Valley, AZ, United States
Length of Operation: 6 years
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
We were able to grow 200% in 2019 with a $50K loan from US Bank and we want to continue to grow in 2020. The COVID-19 episode has caused a dent in our growth but we hope to be able to expand our reach the Midwest region and South region with additional showrooms and representation.
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Business Plan
We are able to grow 200% in 2019. We have the goal of growing to $5 million in 2025 through further expansion of our US channels through additional showrooms in South and Midwest regions. We also hope to grow internationally. Other than having a unique product with an excellent price point, we have a fantastic team of business development sales and warehouse operations
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Self Identified Competition
Alberto Makali, Joseph Ribkoff and Frank Lyman We have excellent profit margin in our product and we have using our profit to fuel our growth. We have a 24-48hr replenishment leadtime from our warehouse in Scottsdale which is unique in our industry because normally we work off fashion seasons. I believe that the stores would prefer to purchase closer to season, in smaller manageable quantity and with faster leadtime for restocking and shipping.
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Contact Applicant
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