Bridal wholesale accessories manufacturer relocatable

Reason for sale.

After 30 years building this successful business, the owner now wants to retire.

Business Profile.

This is a genuine opportunity to acquire a long established wholesale bridal business providing women’s accessories to designers and boutiques throughout the UK, with an enviable reputation for exceptional quality and good service.

This company has steadily grown year on year solely through word of mouth and trade recommendations alone. It is currently having to turn away new enquires. The scope for expansion is therefore significant with an active marketing push.

The business can be operated from anywhere in the UK either from home, or a new/existing workshop. It currently operates in a workroom of 40sq meters.

This is a great opportunity for an existing business in the clothing/tailoring sector to add this to their current lines.

Alternatively, would suit an enthusiastic sewist who wants to keep it small and exclusive, or significantly expand the business. This is a creative business.

Products.

Bespoke women’s accessories made using a mixture of machine and hand sewing.

Demand is significant, and teh order book for 2022 is filling up fast.

Customers.

Currently the business has numerous stockists mainly in the UK, to include a few in Europe and USA, with plenty of scope to expand using the ‘Made in Britain’ mantra, as there is significant demand for quality hand made British products.

The business has never actively marketed for new stockists, and consequently there is scope to expand the customer base as they have never maximised the opportunity which exists.

Stockists either pay on 30 day or offered proforma terms.

Trading Hours.

Purely to suit the business owners and staff, as they do not offer a showroom but handle enquiries by phone and increasingly email.

Handover.

The vendor is prepared for a short handover period to ensure a smooth transition.

Employees.

The vendor works full time in the business, assisted by three freelance contractors as and when required, and as such there are no employee issues.

Financial Information.

The average last five years annual adjusted net profit is in excess of £62,000, which includes a very challenging 2020 due to the impact of Covid. The business is rapidly returning to pre Covid levels (circa £170K T/O at the end of 2019) with a full order book.

Key Strengths.

· Long established.

· Well respected brand within the trade.

· Year on year growth.

· Significant and increasing demand.

· Very high level of repeat business.

· High gross margins.

· Great opportunity to buy an established profitable business.

· Good fit to an established tailoring/sewing/garment business.

· Huge potential to expand.

Equipment.

Stock at value.

Contact me for more information.