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CONFIDENTIAL
FOR SALE
613717
155944 / Rightbiz
The company designs and supplies a wide range of men’s clothing and denim products on a wholesale basis under two prominent brands that have been well-developed.
The company has established itself as a trusted brand among independent retailers and its comprehensive offering has proven to be highly appealing to those seeking to meet their customers’ diverse demands. As such, the company has continued to cultivate strong partnerships with its independent retail partners.
The business is being offered for sale as part of the directors’ eventual exit strategy.
Our clients are open to all types of structured deals, subject to terms.
Offers invited.
Key Highlights
- Serves a wide-ranging and diverse customer base with 250 active customers, most of which provide ongoing, repeat business.
- Managing director is interested in remaining with the company, depending on preferences and terms, to assist in driving further development.
- Operates with a strategic approach with multiple base ranges in varying colours that enable the company to maintain a steady turnover, minimising seasonal risk and vulnerability to market fluctuations.
- Operates from leasehold premises.
- Could introduce complementary products, such as lifestyle products, wearable technology, accessories, luggage, animal clothing, or shoes.
Financial Highlights
- Management accounts indicate a turnover of £1.9m for YE25.
- Turnover of £2.1m achieved in YE24 with an adjusted EBITDA of £119k.
- Has experienced an increase in turnover of 84% between YE21 and YE24.
- Current sales order value for 2024 that has not yet been delivered is worth a total of c£530k.
- Value of purchase orders outstanding is £727k and if all remaining stock is sold, sales revenue is estimated in excess of £3m.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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