Online Retailers for sale in Loughborough

View the "Faux Fur Garment Manufacturer/Online Retailer, Asset sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Faux Fur Garment Manufacturer/Online Retailer, Asset sale

Loughborough, Leicestershire, England

  • Price: £15,000  Price Reduced arrow_drop_down
  • Annual Turnover: £50,400
  • Annual Net Profit: £21,616
Seller Reference: 03540
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Business Description
 
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Seller Reference: 03540
Request Details
Business Description
Intelligent Business Transfer are pleased to bring to the market this highly regarded business which has gained a solid customer base and reputation, through offering a range of faux fur garments of all styles and sizes, to individuals across the globe.
Established in 2004, the current owners took over operations in 2012 and worked hard to continue running the business, successfully generating annual turnover in excess of £14,000, a figure which could be increased significantly as the business has not been run to its full potential.
This is a turnkey operation which offers a new owner much flexibility. It could easily be run to suit the owners schedule/working hours and will be of particular interest to a fashion enthusiast or garment designer/tailor looking to acquire their own business.
There exist a number of opportunities for growth.
More marketing via social media would help increase exposure to the business’ garments and it could effectively attract customers from further away countries.

Collaborating with high street wedding retailers and suppliers could enable the business to successfully sell its garments to more customers. Establishing contracts to continually provide companies with stock, would present an additional stream of revenue.
Furthermore, selling a wider range of faux fur products and accessories (cushions, throws, pet related items etc.).
Intelligent Business Transfer have been tasked with finding a suitable buyer.
With one of the current owners looking to retire, the second business partner is willing to stay on as a consultant and would also be happy to enter a partnership with the new buyer, subject to the company relocation.
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