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(REF: IC013)  Manufacture, Import & Wholesale of Dance Shoes & Clothing
 
Seller Reference: IC013
B4S Reference: 26260
Asking Price: £475,000
Net Profit: Undisclosed
Sales Revenue: £435,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Leicestershire, England, United Kingdom
  Business Summary   
  This business successfully manufactures and imports dancewear and shoes. The company has been in business for over 25 years and has unlimited experience in selling to wholesalers, distributors and the retail market. A new venture is also flourishing in the form of a factory shop. The balance of trade is as follows.

• 70% mail order
• 25% retail outlets
• 5% factory shop

The product range includes leotards and skirts plus lycra pants, ballet, jazz and tap shoes. The garments and shoes in the range have undergone rigorous development and testing to ensure the wearer receives the highest level of comfort and performance. All clothing and shoes are excellent value for money, attracting a varied potential customer base.

The clothing produced covers a large age range suitable for ages 4 to adult. The business is set up and managed to be flexible enough to react quickly to changing trends and styles within the dance fraternity.
  Property Information   
  Property: Leasehold
 
  Lease Terms: The business trades from a leasehold modern industrial unit with manufacturing and warehousing capability, plus a newly completed factory shop. The floor space is circa 3,700 square feet.

Rent payable circa £12,000 per annum.
Rates Payable circa £2,500 per annum.
 
  Current Rent: Rent payable circa £12,000 per annum. Rates Payable circa £2,500 per annum.
 
  Living Accommodation: No
  Competition   
  Existing customers are the businesses best advertisers, word of mouth is consistently generating new work, and also being an approved manufacturer and supplier positively spreads the company message to the wider audience. The company takes advantage of different mediums to promote its clothing and shoe range and advertises in yellow pages and trade related magazines.

The business has an informative website which allows the user to find out details regarding the business and the range of products on offer.
  Growth Potential   
  There are excellent opportunities to increase the levels of business. Since inception this business has performed to a high standard and has earned wide-recognition for the quality products it supplies. It is considered that a new owner with fresh impetus and enthusiasm can further capitalise on the ever increasing opportunities made available to the company through its reputation.
  Support and Training Offered   
  The current owner will offer a full and comprehensive training and support package to facilitate a smooth transition of ownership.
  Reason for Selling   
  Retirement. The business is in a strong financial position and is being marketed at a time of growth and prosperity.
  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: 8:00 am to 4:30 pm
  Summary of Staffing   
  The business is managed on a day to day basis by the managing director with the assistance of four employees who handle all aspects of manufacture and delivery. Casual labour is employed on a daily rate basis as and when required to cover the peaks in production.





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