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(REF: 9965TF)  Racing Wear Design Manufacturer & Wholesaler
 
Seller Reference: 9965TF
B4S Reference: 24678
Asking Price: £45,000
Net Profit:
Sales Revenue: £70,000
Number of Staff: 4
Established For: 15  Years  0  Months
Ownership: Leasehold
Location: Undisclosed, Shropshire, United Kingdom
  Business Summary   
  HISTORY

• Established 15 years under current vendor
• Well recognised within sports and race wear manufacturing industry
• Majority of work is achieved through word of mouth and industry knowledge
• Solid client base built up over many years

REASON FOR SALE

• Vendor retirement

PRODUCTS

• Race suits
• Jackets/Hoodies
• Gloves
• Boots
• Rib & chest protectors
• Work wear

SERVICES

• Handmade embroidery services
• Bespoke handmade racing suit design and manufacturer

CUSTOMERS

• Large corporates & SME’s
• Various sport and motorsport clubs: Karting, Banger Racing, Sprint, Hill Climb and Grasstrack
• Television broadcasting companies

SUPPLIERS

• Consumables supplied through a variety of trade sources

STRENGTHS

• Effective e-commerce website
• Good parking facilities
• Bespoke design service for motorsport and corporate clients alike
• Loyal & repeat solid customer base
• Good relationships with several large players in the motorsport industry
• UK wide distribution
• Consistent exposure via race meetings
• Trustworthy and mature staff in place
• One of a handful of established suit makers
• Contract in place with 75 franchise landscaping company


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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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.
  Property Information   
  Property: Leasehold
 
  Lease Terms: • Leasehold
• Original Lease: 3 years
• Remaining: 1.8 years
• Rent Review: 3 years
• Rent: £7,000 pa
• Rates: £1,130 pa
 
  Living Accommodation: Yes
 
  Details of Accommodation: • Industrial unit
• Storage areas for stock
• Embroidery area up to 4 stations
• Cutting room
• Ample car parking
• Management office
 
  Location: • Good links with M54 and M6
• Industrial estate location with good parking
• Edge of town situated
  Growth Potential   
  • Limited advertising presently undertaken
• Opportunity to establish European supply contracts
• Re-locatable
• Attend exhibitions, trade fairs and motor shows
• Introduction of trackside embroidery service
• Opportunity to introduce supply of many more sports and race orientated products
• Capitalise on currently limited work wear supply
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  • Monday – Friday 8am – 6pm
• Weekends: As race meetings dictate
  Summary of Staffing   
  • Vendor
• 3 x Fulltime seamstresses





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