Baja Custom Design, Inc. (the "Company") has recently launched its business of sourcing and buying readymade and custom furniture and decorator items in Mexico for resale in the United States. The Company hopes to source products from small, artisanal manufacturers in Tijuana and Rosarito Beach in Baja California, Mexico. It hopes to sell to decorators, interior designers, contractors and end users in the San Diego area. The Company offers traditional Mexican rustic furniture and solid wood doors as well as finely crafted custom pieces in hardwood and pine. In addition to wood furniture we also offer custom made decorator items such as earthenware and ceramic vases, pots and tiles and wrought iron pieces. The Company launched its business in late 2017. Although we have begun business operations, as of the date of this filing the Company can still be defined as a "shell" company because it is an entity which has only nominal operations and nominal assets.
Many interior designers, decorators and building contractors seek custom made items for clients. While there is no shortage of cabinet makers, metal workers, and stone and tile workers in Southern California capable of supplying these needs, the cost of specially made goods in the U.S. can be quite high compared to specially made goods in Mexico. Labor costs, which are a significant portion of the cost of custom made goods, are much lower in Mexico than they are in the U.S. This labor cost differential causes many large U.S. corporations to open factories in, or buy products from, Mexico. But small businesses and individual professionals such as small building contractors or interior designers often lack the language skills and knowledge of Mexico to efficiently source craftsmen and craft products there. Our Company provides the language skills, knowledge of Mexico, and knowledge of Mexican artisans that allows Southern California design professionals to buy in Baja California, Mexico.
We act as direct contractors with designers and building contractors who wish to purchase custom designed items. We then sub-contract fabrication to workshops in Mexico. When completed (and in certain cases during fabrication) we inspect the product for quality. Upon quality approval we take delivery in Mexico, work with customs and pay necessary duties, and deliver the product to the customer in the U.S.
|Comps ($ TTM)||Market Cap||Gross Margin||EV/EBITDA||Ret on Assets||Assets||Liabilities||Revenue||G Profit||Net Income||EBITDA||EV|
|Ceres Tactical Systematic (TDFF)||-0.3||25%||162,724,249,000||3,226,667,000||0||0||40,198,839,000||40,198,839,000||-12,478,164,000|
|Mitu Resources (MTUU)||0.0||-2,593%||2,020,000||185,931,000||0||0||-52,382,000||-50,109,000||-2,000|
|China Wuyi Mountain (WUYI)||0.0||4,068,600%||0||0||-40,686,000||-40,686,000||-1,219,000|
|SavDen Group (SVDN)||0.0||0||150,273,000||0||0||-44,745,000||-44,745,000||-2,000|
|Joshua Gold Resources (JGRI)||-2.6||-416%||41,535,000||1,093,280,000||0||0||-172,770,000||-159,054,000||412,183,000|
|Baja Custom Design (BAJA)||0.1||-1,142%||600,000||18,142,000||0||0||-6,850,000||-6,850,000||-602,000|
|Saddlebrook Resorts (SADDP)||0%||8.9||-6%||22,444,622,000||28,037,860,000||21,926,905,000||0||-1,315,093,000||575,551,000||5,128,844,000|
|Right of Reply (RIGHT)||12%||0.8||-17%||4,102,108,000||887,875,000||1,758,125,000||203,665,000||-687,959,000||-663,537,000||-519,996,000|
|China VTV (TBMM)||67%||0.0||-200%||112,802,000||928,788,000||3,828,000||2,552,000||-225,792,000||-225,792,000||-6,703,000|
|CEN Biotech (CENB)||0.0||-60%||7,379,009,000||31,973,266,000||0||0||-4,425,914,000||-4,425,914,000||-600,000|
|Corporate Property Associates 17 - Global (CPA17)||0%||5.9||2%||4,470,224,000,000||2,180,912,000,000||441,244,000,000||0||109,760,000,000||304,936,000,000||1,794,287,999,000|
|1847 Holdings (EFSH)||25%||-2.4||-15%||18,526,563,000||23,194,425,000||27,219,092,000||6,699,091,000||-2,862,088,000||-1,433,089,000||3,396,276,000|
|Balance Sheet ($)||2018-12-31|
|Income Statement ($)||2018-12-31|
|Cost of Revenue||300,000|
|Cash Flow ($)||2018-12-31|