VIMA Décor Ltd. started as a function of The Medve Group as a way to add value to acquisitions of significantly undervalued properties. It was discovered we could effectively refurbish these properties by developing our own line of higher quality finish-out in a market-driven way. This increased profit margins across the board by transforming Class-C units to Class-A for the price of an average Class-C rehab. After five years of product development, VIMA Décor Ltd. was established to offer these products to other commercial property owners, builders, and developers. - July, 2003 - Began sourcing & developing products for interior finish outs, including cabinets, granite, doors, lighting, mirrors, & plumbing fixtures.
- January, 2004 - 1st run of products shipped and delivered through third party vendor.
- March, 2004 - First multi-housing project successfully completed using 1st run products.March, 2004-August, 2006 - Further product development & testing to ensure continual quality control in product standards.
- March, 2004-August, 2006 - Completed orders for 11 multi-housing rehabs projects in 5 states.
- August, 2006 - VIMA Decor was established to provide the new product line to other commercial property owners, builders and developers.
- September, 2006-Present - VIMA Decor has successfully delivered over 150 containers of products for over 30 projects, including multi-family rehabs, condo conversions, and new constriction projects.
- In 2007, VIMA successfully sourced and delivered over $3,000,000 in materials to locations throughout the US. With apparent results in capital gains and increased rental income, VIMA continues to grow.
- April 2010 - No outstanding payables or receivables.
- In May 2010 Vima Decor USA will be moving to a new 118,000 sqft warehouse in prestigious Las Colinas in Irving, Texas and increasing their inventory from $1.5 million to $2.5 million.
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