Vinel Inc.
Luggage and Leather Goods Stores · Westbury, NY
Vinel Inc. is a business in Westbury, New York, listed under luggage and leather goods stores, with 5 to 9 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $350K to $1.2M.
Public record
- Industry
- Luggage and Leather Goods Stores (NAICS 448320, as reported by the business)
- Location
- Westbury, New York
- Staff
- 5 to 9 people (as reported in 2020 to 2021)
- Local rank
- #2 of 6 businesses in Westbury listed under jewelry, luggage, and leather goods stores, by staff size (2020 to 2021)
- As of
- 2020 to 2021. Details may have changed since then.
What businesses like this sell for
Businesses in Retail Trade with 5 to 9 staff, bought 2023 to 2026. Based on 481 purchases.
Loans used to buy them
$290K to $980K
Middle loan about $540K
Estimated purchase prices
$350K to $1.2M
Middle price about $640K
How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Vinel Inc..
Financials of businesses like this
Average revenue
$1.7M
a year
Average payroll
$195K
12% of revenue
Average staff
6.1
people
US averages for luggage and leather goods stores with 5 to 9 staff, 2022 (55 businesses). These are not Vinel Inc.'s own figures; its own revenue and profit are what a valuation needs.
Value Vinel Inc. on Value Alpha
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Questions
- How much is a business listed under retail trade worth in New York?
- From 2023 to 2026, businesses listed under retail trade with 5 to 9 staff sold for about $350K to $1.2M, with a middle price of about $640K, based on 481 purchases. A business's own value depends on its revenue, profit and owner pay.
- How current is the information about Vinel Inc.?
- The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
- How can the owner of Vinel Inc. get a valuation?
- Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.
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