| (REF: IC009) Design, Manufacture and Retail of Ladies Clothing |
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| Seller Reference: |
IC009 |
| B4S Reference: |
05153 |
| Asking Price: |
£700,000
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| Net Profit: |
£180,000 |
| Sales Revenue: |
£2,500,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
London, London, United Kingdom |
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This business was established in 2000, it has built a significant presence with the high street independent stores. The company design, manufacture and sell ladies clothing to retailers in Ireland and UK to the mid range, mid style and to middle age women.
The goods are manufactured in Romania, the sales office and design staff are based in Belfast, the pattern maker is based in Wales and the sales office and designer are based in London. Most of the staff work from home very productively.
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Property: |
Leasehold |
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Lease Terms: |
Their premises consist of an office and warehouse space in London and Belfast
The company owns computerised grading and pattern software that is e-mailed to the factory for cutting and production. |
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Living Accommodation: |
No |
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The business does not advertise; they have however benefitted from the most effective form of marketing available that is, word of mouth recommendation, combined with regular repeat business. |
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The owners understand that the business is recognised for its quality of service, brand and choice and has been able to establish itself and capture a significant market share in a highly competitive environment. More assertive marketing in regards to contracts, could acquire an even larger slice of the market to build this excellent business into an even bigger cash earner, whilst maintaining its current contracts and building on them also.
At present the company does not advertise, relying solely on repeat business and word of mouth recommendations. Through marketing and advertising the new owner could capture more of the current market and increase profits significantly. |
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The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners. |
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The owners have reached the age where they wish to retire and handover the running of this successful company to somebody with energy, enthusiasm and focus to reach its full potential. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday – Friday 9.00am – 5.30pm |
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The company staff consists of 3 owners and 14 employees in various roles. The current owners are happy to stay to assist with handover and train the new owner. |
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