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Relocatable, Successful Custom Fashion Footwear Business with UK Retail Connections for Sale

Relocatable
Successful Made to Order Fashion Footwear Business - can be run from virtually anywhere. Photo 1
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Successful Made to Order Fashion Footwear Business - can be run from virtually anywhere.
  • Status

    FOR SALE

  • Date Submitted:

    01/09/20

  • Advert ID

    264360

  • Asking Price: £600,000
  • Turnover: £1,000,000 (£19,231 Per week)
  • Net Profit: £100,000 (10% Profit margin)

Key Features

  • Attractive Business
  • Accounts Available
  • Offers Invited
  • Small Business
  • Company for Sale
  • Home Based
  • Established Business

Business Details

Successful Made to Order Fashion Footwear Business can be run from virtually anywhere.

RELOCATABLE FOOTWEAR SUPPLIER BUSINESS FOR SALE

Business Overview:

The company is a made to order footwear supplier of long-standing reputation within the industry – from design to delivered product. Its customers include some of the UK’s leading retail online and offline stores. Manufacture is now focused on China and India. All footwear product types for all age categories and genders are supplied, including training shoes, slippers, shoes, canvas and EVA’s. 

The company’s design and customer liaison teams work closely with the client to ensure absolute harmony with their promotional plans, merchandising objectives and supply chain policies.

Opportunity:

A trusted brand established for over 50 years with audited factories and supply chain setup. This company is for outright sale with ample opportunities to grow the existing business accounts.

Reason for Sale:

The business has successfully operated two other businesses on which it would now like to focus its attention.

Summary:

It is a great opportunity to acquire a well-established footwear importer, which you can run from virtually anywhere. The company is debt-free and offers an excellent acquisition opportunity for an existing footwear business looking to add turnover and acquire new client relationships with its existing accounts.

Price:

The company invites offers above £600,000 with the branding, goodwill and website as part of the sale value. It comes with no liabilities attached with audited accounts. It is operating at a turnover of over £1m (US$1.3m) with a 20% gross margin. 

Please feel free to contact us for any further details.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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