* Included in Asking Price
Design, Manufacture and wholesale of women’s Clothing
Asking Price £ 1,500,000
Asking price includes:
Turnover circa £3,600,000
Gross Profit circa £1,000,000
Adj. Net Profit circa £525,000
Established business since 2000
Excellent products and services
Established repeat customer base
Designed for end user
Goods are made to design and specification
Reputation for reliability and service
Significant growth opportunities
Knowledgeable & experienced staff
Training and handover
This business was established in 2000, and has developed a significant presence within the high street independent stores. The company designs, manufactures and wholesales mid-range ladies clothing to retailers in Ireland and the UK, aimed primarily at middle age women.
Whilst the goods are manufactured in Romania, the majority of the UK staff work from home. Sales office staff and design production are based both in London and Belfast with the clothing pattern design based in Wales.
|Facilities:||Their premises consist of an office and warehouse space in London and Belfast
The company owns computerised grading and pattern software that is e-mailed to the factory for cutting and production.|
|Competition:||The business does not advertise; they have however benefitted from the most effective form of marketing available that is, word of mouth recommendation, combined with regular repeat business.|
|Growth Potential:||The owners understand that the business is recognised for its quality of service, brand and choice and has been able to establish itself and capture a significant market share in a highly competitive environment. More assertive marketing in regards to contracts, could acquire an even larger slice of the market to build this excellent business into an even bigger cash earner, whilst maintaining its current contracts and building on them also.
At present the company does not advertise, relying solely on repeat business and word of mouth recommendations. Through marketing and advertising the new owner could capture more of the current market and increase profits significantly.|
|Training/Support:||The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners.|
|Sale Reason:||The owners have reached the age where they wish to retire and handover|
Seller Reference #IC009
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