 | Manufacture of Designer Wear/Freehold Nottinghamshire, United Kingdom Advert ref: N267 FINANCIAL DETAILS | Asking price: £179,000 Sales revenue: < £200k Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | This business, which was first established in 1979, has secured a position in a niche market providing a cut, make and trim service to a number of well-known designer brands. The bulk of the work is produced in jersey material.
Current designer label customers include: -
Jean Muir, Future Classics,
Kidscaper, Hannah White,
Maria Chenpasqual, Rich Nics,
Kate Storer, Adrenalin and
Kit & Kaboodle
The business is widely recognised in the industry for its flexibility and ability to maintain confidentiality in this competitive market sector. Much of its new business is through referral from the existing and past customer base.
It specialises in the production of lower quantity runs required by this niche market.
Through the specialisation in this unique market sector the business now finds that there is little direct competition. Most of the business is derived from London based fashion houses but work also comes from other parts of the UK.
This specialisation has also protected it to some extent from the move to manufacturing in lower cost overseas countries, which has affected many of the UK manufacturers.
It is currently in a period of growth.
Further details will be provided only on completion of a non-disclsure agreement.
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GENERAL INFORMATION | Years established: 24 years
Employees: The present owners run the business with the help of 4 part-time members of staff. The part time employees generally each work around 26 – 30 hours per week.
Trading hours: Mon – Thurs 9.00 am – 4.30 pm
Property: Freehold
Location
The business is well located in the East Midlands, which has an abandant supply of potential employees with the necessary skills.
Support & training
The vendors will assist in every way to ensure the business sale enjoys a smooth handover.
Reasons for selling
The business is only for sale due to the imminent retirement of the present owners.
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