Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Outsourced Clothing Manufacture & Wholesale Established Brand Names

LISTING DETAILS
Firms For Sale ID:
28802
Vendor reference:
IC012
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£99,500  
Turnover / revenue:
£327,000
Net profit / cashflow:
£77,000
Years established:
1980
Number of employees:
9

OTHER DETAILS
Reason for selling:
This is a genuine retirement sale.
Support and training:
The owner will provide full business familiarisation, training and handover for a negotiated period of time, covering all aspects of the business, to ensure a smooth transfer to new owners.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Outsourced Clothing Manufacture & Wholesale Established Brand Names
Ref.IC012
Location Northern Ireland Fully relocatable
Asking Price GBP 99,500
This clothing business is a leading and respected manufacturer and wholesaler of quality, trade marked garments, which are distributed to various independent retail outlets and department stores via their agents who cover the whole of the United Kingdom and Ireland.

The business manufactures brand labels of Nightwear and Shirts. Top quality design clothing patterns are produced and quality material is sought and sent to Europe where the company has excellent manufacturing arrangements in place.

Operated by the current owner for circa 30 years the business wholesales across the UK and Ireland and are happy to distribute either large or small quantities of stock via their self employed agents.

Built as a result of the current owners extensive experience within the sector, this business is operating at all stages of the design production and wholesale process with a close, tightly knit team of individuals. This business operates seamlessly bringing together the combined talents of its manufacturing partners in Europe and a distribution network for its broad customer profile.

Expansion Potential
The retail sector is showing signs of levelling out and with such a successful formula, there is no doubt that a new owner could generate very healthy returns on investment purely by maximizing the effectiveness of the existing business.

Having developed a strong brand identity there is excellent growth potential. The network of agents could be increased to cover a larger geographical area and follow up opportunities in main land Europe. New products could be introduced which could also have a significant effect on turnover and profitability. An online store could also be developed as it would offer the customer another way of purchasing the beautifully made clothing.