Clothes manufacturing companies for sale in Essex

View the "Well established manufacturer of high quality ties" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Asking price: Offers Invited Annual Turnover: £250,000 Annual Net Profit: £65,000
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Business Description
The company are a tie manufacturer based in Essex. Mainly selling to schools in the UK. The Company is well-established, having been trading for over 15 years and has manufactured and delivered ties to customers from around the world.

The historical trading performance has been exceptionally stable.

The turnover for the year-ended 31st March 2014 and 2015, along with projected figures for the year to the 31st March 2016 are shown below:
• 2014 - £197,056
• 2015 – £201,490
• 2016 - £250,000

It is expected that any purchaser will be able to retain a high percentage of this revenue going forward.

The company Profit Before Tax (PBT) for the year-ended 31st March 2014 and 2015, along with projected figures for the year to the 31st March 2016 are shown below:
• 2014 – £59,000
• 2015 - £55,000
• 2016 - £64,000

By embracing core principles of quality service and customer care the Company has built up a base of loyal customers and has still has active order books from customers whose first purchase was in the 1980’s.

It is not assumed that any potential acquirers would be responsible for the on-going cost of the lease or any of the current staff of the business thus providing a potential acquirer with a steady stream of additional orders, and complete control over how to fulfil them.

Next step

An information memorandum will be made available to selected parties, providing more detailed information on this company, subject to initial discussions with Sunaxis Limited following receipt of this document.
Is this business relocatable: Yes

Listed by: SunAxis
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