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BUSINESS REFERENCE : AB090 / RightBiz RE-LOCATABLE-£320,000 -MANUFACTURER AND WHOLESALER OF ECCLESIASTICAL SHIRTS & COLLARS | | | | | | Manufacturer and Wholesaler of Ecclesiastical Shirts & Collars Confidentially offered for sale Ref No: AB090 Location: Fully Re-locatable Asking Price: £320,000 + SAV | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Cloths & Fabric Shops | | SALE: | Agent Sale | LEASEHOLD: | £320000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This business is a very well established garment, marketing and manufacturing company producing ecclesiastical shirts and collars.
Continued investment in emerging markets has enabled the business to supply not only in the UK, but also to Europe, Africa and the USA.
A private company established in 1997 (formed as a limited company In 97 but been In existence for over 35 years) the business pride themselves on supplying customers with a quick response to enquiries, and providing quality garments at commercial prices.
A main strength of production of garments is the guarantee for very good quality and prompt observation of the time limits for delivery. The business has worked with different clients from many countries, this has made the company flexible and ready to adapt to customers’ specific requirements.
The company’s long-term team contribute with their expertise and high degree of training to the building block of its’ overall success. The business is certified and approved by major UK retailers and other European clients.
Equipment:
The business is fully computerised, with all clients on a comprehensive database. Sage is used for accounts and stock control.
Customer Service:
The company prides itself on giving a friendly, helpful and efficient service. This business maintains an extensive base of satisfied repeat clients who appreciate the prompt, friendly service, reliability and reasonable, yet competitive prices. Trading throughout the whole of the UK and parts of Europe, Africa and the USA, it is dedicated to providing 100% customer satisfaction
Key Strengths:
The company has an in depth understanding of the clothing industry and has established an excellent reputation and name for its quality range delivered with efficient fast response times.
The business has the benefit of a large strong customer database and there has been steady growth and excellent profit margins since the commencement of the business, this business is the ideal resource for in-demand, quality, fashion garments.
Growth and Expansion:
The current market for this business is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Business operations are not at maximum capacity and there remains considerable scope for an increase in operations, turnover and profit simply by gearing operations in line with current market demand.
Key Opportunities:
This business has endless potential to increase its turnover/profit by doubling the present production capacity, thereby setting up a system capable of responding immediately to production for new customers and attracting customers for whom fast turn-around, quality and flexibility are even more important than price.
Increased productivity would allow for expansion into niche markets. Early interest is essential to fully appreciate the scope this business has to offer. A new owner would contribute fresh ideas and energy to expand on this excellent foundation.
Employees:
The business currently employees two full time order and dispatch staff.
Advertising and Marketing:
The business relies solely on its established reputation and repeat custom. This business doesn’t currently have a website, though it is thought this would prove a very powerful marketing tool and have a significant impact on turnover and profitability.
Premises:
This business is fully re-locatable.
Business Hours:
Monday – Friday 9.00 am – 5.00 pm
Financial Information:
This business is offered for sale as a going concern. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
This business has enjoyed significant growth whilst under the control of the current Owners with turnover of £461,665, generating a gross profit of £156,480. The current value of the stock is estimated at £25/26,000, and is to be sold at valuation.
Reason for Sale:
This is a genuine retirement sale.
Support and Training;
Full support and training will be provided to the successful purchaser | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | AB090 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
