Overview
Description
The company is a designer and retailer of luxury outerwear, specialising in the supply of leather jackets, coats, and gilets.
The company has long-standing, contracted relationships with 20 active B2B customers that operate within the clothing, retail, and wholesale industries. The company also sells to individual B2C customers via its e-commerce platform, which received over 4,000 orders in the last financial year.
The company is being offered for sale as part of our client’s retirement plans.
Our client is open to all types of structured deals, subject to negotiations.
Offers invited.
Turnover of circa £940k in YE23.
Projected increase in turnover of 24% from YE23–YE25.
Shareholder funds in excess of £2.2 million in YE23.
Operates within a stable market, valued at £2.56 billion globally and set to increase at a CAGR of 4.4% from 2023–2028.
Benefits from its heritage brand status and a wealth of in-house industry expertise, with a large number of staff to remain in the business post-sale to aid growth.
The business operates from freehold premises with a market value of circa £645k. Our client is flexible with regard to its inclusion in the sale on either a leasehold or freehold basis.
Plans in place for additional ranges and a year-round collection to attract new demographics and drive sales.
Scope to recruit a dedicated Sales Representative to further promote the company’s offerings to a younger target market, through increased social media marketing and proposing the company’s offerings to a larger number of national resellers.
Robust SEO marketing strategy in place that has proven success for the business.
Is this business relocatable:
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