Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Uk Manufacturer Of Quality Equestrian, Shooting, Hunting And Countrywear Clothing
LISTING DETAILS
Firms For Sale ID:
34211
Vendor reference:
IC015
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Asking price:
£70,000
Turnover / revenue:
£450,000
Net profit / cashflow:
Undisclosed
Years established:
10
Number of employees:
12
Employees / staffing:
The vendor works full time in the business as Managing Director. His wife also works in the business but more on a part time basis and tends to operate remotely carrying out bespoke administrative duties.
The company employs some 12 staff members (11 full-time) and these include senior garment cutters, machinists, pressers and office manager.
Staff are skilled, loyal and trustworthy.
Business website:
OTHER DETAILS
Reason for selling:
The vendors believe the business now needs a new injection of energy and business acumen to maximise the many, many opportunities it has available.
Support and training:
The current owners will provide all necessary training and handover to ensure a smooth transfer of the business to the new owner.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
UK Manufacturer of Quality Equestrian, Shooting, Hunting and Countrywear Clothing
Ref. IC015
Location : West Midlands
Asking Price : GBP70000
This very highly regarded quintessentially British company specialises in the manufacture of high quality jackets and coats for both the equestrian and hunting/shooting markets, both within the UK and abroad. In addition to this the business manufactures a range of made to measure suits and overcoats to meet specific customer requirements, making full use of its in-house tailoring skills.
The business has been trading for some 10 years and has built up a sterling reputation based on very high quality tailoring and production. Because of this the brand is held in high esteem and is very much the brand of choice for both men s and women s livery. The company has developed a broad portfolio of styles, sizes and collections to cover all the requirements of the most discerning of hunts person and also offers customised/bespoke tailoring and finishing services.
The company retails direct to customers (circa 600 historical clients, many of whom remain loyal to the brand and return time and again) as well as selling via its network of stockists (both UK based and worldwide). Approximately 80% of overall sales are made to UK based customers, the remaining 20% being export(USA, France, Australia, Ireland etc.). Of these sales 25% would be classed as retail (via repeat business or online), the remaining 75% being trade sales.
The business is currently enjoying strong growth in new more lucrative retail/consumer sales channels - this has been driven through the recent introduction of its new dedicated consumer facing website.
Now firmly established, this family run business offers a range of the highest quality premium products that are manufactured in the UK and sold under the company s own instantly recognisable brand name. The product range is growing as the business evolves and includes the manufacture and supply of clothing to cater for
Showing
Show Jumping
Hunt wear (including Evening Tail Coats)
Dressage
Side Saddle Habits
The business has impressive client lists worldwide and this customer base is growing as demand for high quality UK manufactured goods continues to surge.
The business currently operates from ideal premises where goods are manufactured and stock is held and distributed. Ideally the vendor would like to sell the freehold with the business. Freehold valuation is circa GBP140,000. Alternatively the vendor may consider leasing the premises, subject to negotiation.
Market / Competition / Non-Competition Agreements
The business historically did very little in the way of online marketing and got most of its work via trade magazine advertising, referrals, recommendations and repeat business. It does now have its own informative and interactive e-commerce websites which would benefit from ongoing online marketing and SEO techniques. It also has a presence on social media.