Mfr Of Studded Leather Chained Accessories West Midlands | | Undisclosed West Midlands | | WEST MIDLANDS MFR OF STUDDED LEATHER & CHAINED ACCESSORIES 300 current styles suited for punk/rock & gothic markets Supplies wholesale -Excellent c/m d/base Can be re-located - Fully equppied A/T: £350,000 Scope to diversify into Fetish wear & Pet products / Approach export clients Suitable as a bolt on for another operator looking to expand L/H: £700,000 + SAV REF: 9519B | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 45024
ADVERT IMPRESSIONS : 18,700 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Clothes Manufacturing | | SALE: | Agent Sale | LEASEHOLD: | £700000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is well located in the centre of a large commercial area in an affluent part of Birmingham. It has excellent access to major road and motorway links via the A38 and M6.
The business has 4 allocated car parking spaces with the premises with additional overflow and visitor spaces available nearby.
THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and profitable niche studded leather goods manufacturer with enormous future potential.
Founded over 25 years ago, the business is only now being reluctantly offered for sale due to family ill health.
The business has an extensive catalogue of over 300 current styles of studded and chained belts, neck, wrist and body straps. It only supplies the wholesale market with each customer having a defined area.
Designs are centred on the punk, rock and gothic markets with all sales currently within the UK. Although sales to Germany, Holland and Australia have been made in the past.
The business is currently staffed by the two full time vendors with the assistance of a full time employee and a number of casual staff who work on an as and when required basis.
Minimal overheads are incurred which should ensure a healthy net profit can be achieved consistently. Sales are achieved with no advertising except its own web site with all new work coming from referrals and word of mouth.
This is a fantastically versatile proposition as the business is totally portable and would be an ideal bolt on for another operator looking to expand and add a superb product range and impressive client data base.
The business is fully equipped for purpose and includes within the asking price a full range of equipment and tooling for its product range comprising of:
1 x Foton beam press
3 studding machines
2 rivet machines
A clicker press
Foot operated rivet machine
Valcun press
Furnance
2 moulding units
Centrifugal spin die cast machine
Various pressing tools
Zinc die case spur tool
All tools for cutting belts, wristbands, neckbands, bootstraps etc
The vendors are quite prepared to work with a new owner to ensure a smooth transition and to effect any introductions to staff, customers and suppliers.
We are advised that stock at cost is approximately £75,000 and is included within the shareholders funds.
REF: 9519B
TRADING HOURS
Mon-Fri: 8.30am 5pm
EXPANSION POTENTIAL
The scope to increase both sales and profits in the near future is quite enormous by:
1. Diversity into fetish wear
2. Diversity into pet products
3. Approach the export clients with whom the business used to deal to try and re-instate the trade
4. Have an interactive web site to try and get retail customers
5. Have stalls at various rock festivals
6. Employ a salesmen or an agent to find new markets and customers and to generally adopt a more vigorous marketing approach.
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £350,000
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
A mid terraced ground floor lock up which briefly comprises:
Ground Floor
Reception area
Main manufacturing area with side stores and cutting press room which is fully racked
Packing and despatch area with large delivery door
Administration office
Kitchen area
Communal w/c
The premises has 4 allocated car parking spaces with additional overflow and visitors parking nearby.
The premises are also fuly alarmed with Red Care.
TENURE: Leasehold
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9519B / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
