Overview
Description
The company supplies high-quality socks, cotton tights and nylon hosiery to retailers in UK and Ireland, with its product range featuring items for women and children.
Clients are supported through all stages of the acquisition process, from design and development to quality assurance and logistics, with all manufacturing carried out by trusted partners.
The Shareholders are offering the company for sale to facilitate continued growth under the impetus of a new owner.
Offers invited.
Key Highlights
– Benefits from a high volume of repeat business, with some relationships having been in place for up to 30 years.
– Experienced second-tier management team.
– Operates from leasehold premises.
– Future growth could be achieved through the development of an own-brand range sold via an e-commerce store.
– Excellent bolt-on acquisition for a buyer already operating within the fashion retail sector, as they could utilise existing relationships and marketing strategies to create new opportunities.
Financial Highlights
– Turnover of £3.5m, with an EBITDA of £400k.
– Shareholder funds in excess of £3m.
– Full order book for the remainder of YE23, with further orders expected in December.
Is this business relocatable:
Is stock included:
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