BUSINESS DESCRIPTION
Supplier & Manufacturer of Staff Uniforms to Health Trusts
Ref.JG002
Location Northern Ireland/ Relocatable
Asking Price £ 150,000 plus stock of approximately £15,000
This local family business is a manufacturer and supplier of nurses uniforms to local health trusts. Well established with an excellent reputation, the business has superb relationships with reliable manufacturing units and suppliers in Poland, Romania, Lithuania and Indonesia.
A local business it has developed a reputation second to none for providing a prompt and efficient service and has a first class reputation.
The business works with low overheads and promotes good quality, good service and competitive pricing. Offering a complete service from patterns, manufacture and supply through to delivery of the finished item. Most stock is made to order, although the business is often called upon to supply special garments by reworking and supplying additional sizes, tailoring them to the most exacting of customer requirements.
Designs and patterns are expertly interpreted. With an undoubted keen eye for supply of good quality, modern materials resulting in even small volume designs available at very competitive prices, this together with a policy to pay all suppliers promptly within 7 days has allowed this business the freedom to pick and choose the best manufacturing suppliers with which it has longstanding, on-going relationships.
Expansion Potential
The business has tremendous unrealised potential. The market for work wear is growing and health trusts are becoming increasingly cost conscious, this business meets these requirements.
With the excellent reputation this business has developed for quality design and production and the high levels of awareness it enjoys amongst its customer base, with a more aggressive approach to sales and marketing this business could be invited to pitch for far more. With a quality customer base it has performed well over the years enjoying good returns servicing its existing clients. However, whilst this business could be represented in other sectors such as play groups, nursing homes and health centres. Investment in advertising and marketing or the deployment of a dedicated sales team would undoubtedly reap significant dividends in turnover and profitability.
The largest proportion of the costs involved in any project undertaken by this business is the costs of materials and production. Although margins have been maintained and to some extent increased through the sourcing and manufacture of material and labour uniforms abroad there is always scope to reduce costs whilst still maintaining quality, particularly if larger orders can be secured from larger customers. It is thought the introduction of an Internet site with web based interactive ordering systems could also reduce costs and further improve margins.