Uk Distributor And Retailer Of Branded Italian Leisurewear | | Undisclosed Essex | | ESSEX -RELOCATABLE UK DISTRIBUTOR AND RETAILER OF BRANDED ITALIAN LEISUREWEAR Sole Distribution Excellent website with 7,000 active c/m A/T: £354,000 GP: £147,900 ADJ NP: £54,300 Ideal acquistion for clothing retailer L/H: £125,000 +SAV REF: 9816IG | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 54656
ADVERT IMPRESSIONS : 21,422 TIME(S) | | | | BUSINESS SECTOR: | Wholesale / Distribution | | TRADE TYPE: | Distribution / Distributor | | SALE: | Agent Sale | LEASEHOLD: | £125,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Trading from office/warehouse premises in Essex
Ample parking and storage
Fully re-locatable as required
HISTORY
Brand established in Italy in the early 1990s
Reputation developed for stylish comfortable sportswear with Italian flair
UK distribution rights acquired in 1999 by vendors
Product represented in over 12 countries worldwide including the USA
Retail and wholesale trade developed steadily over the past decade
Excellent website with significant sales volumes fully redesigned in 2010
REASON FOR SALE
Vendors wish to concentrate on family priorities
PRODUCTS
Ladies and gents branded leisure clothing
Fitness wear
Street wear
Yoga wear
Dance wear
Childrens dance wear
Accessories
CUSTOMERS
Substantial personal customer database with around 7,000 active customers from a database of around 40,000
Largely affluent middle class customer base with high disposable income
Around 20 trade customers with coverage throughout the UK
Tie in with fitness centres locally
Customers through trade exhibitions
SUPPLIERS
Products supplied directly from Italy
2 regular buying trips annually
STAFF
Run by vendors (husband and wife)
Part time assistance from family members
TRADING HOURS
Strong web presence ensures 24 hour sales coverage
Office open during the week between 9am and 5pm
Exhibitions and attendance at fitness centres as required
FINANCIALS
Turnover
2008 £354,931
2007 £338,675
2006 £400,663
Gross margin between 42% and 48%
Net profit is consistently over £50,000 per annum
2009 and 2010 turnover is likely to be around £270,000 per annum
Stock holding approximately £30,000 to £35,000
PREMISES
Currently run from rented Council unit in Essex
Office
WC
Warehouse
Fully re-locatable
STRENGTHS
Established fashionable Italian leisurewear brand
Excellent support from Italian manufacturer
Substantial customer base nurtured over many years
Solid financials with superb annual profit contribution
Fully functioning website recently re-skinned
Low overheads with minimal staffing input required
SCOPE
Significant marketing opportunities to existing customer base
Aggressive focus on additional UK outlets exploiting exclusivity deal
Website could easily be expanded to incorporate additional product lines beyond leisurewear
Fully re-locatable business
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: | 9816IG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
