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Beverley Iles (September 2016)
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Offers Invited Annual Turnover: £1,165,000
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Business Description
The business is regarded as one of the leading brands within its ‘niche’ marketplace. It is essentially a product sales and marketing business which designs, imports and distributes an extensive selection of ‘own brand’ sports clothing, footwear and accessories for a popular sporting activity. Our clients brand and its range of products sits within the ‘affordable quality’ market with its current market share estimated at between 25% - 30% of the UK market.
“Established business with high levels of repeat business”

Established over 30 years ago, the business has a reputation for product innovation and typically makes between three and six changes or additions to the range every year. Our client has been at the forefront of new product development over many years; with well established products now have generic names within the trade.
“87% trade sales with the balance from direct customer sales”

Currently 87% of turnover comes from trade sales, our client is wholesaler to approx 200+ sports retailers across the UK, the balance comes from direct sales via the company website combined with a single company showroom outlet. We believe this traditional ‘wholesale to retailer’ model is ripe and ready to evolve over the next few years to a direct/web model with approx. 75% direct business and 25% trade sales. This change will greatly increase the gross margins available and the net profit delivered to the business owner.

The vendors seek the sale of the business assets and stock to a larger business, ideally with an existing infrastructure and the expertise to sell and deliver products direct to the end client. We believe this traditional ‘wholesale to retailer’ model is ripe and ready to evolve to a direct/web model which will greatly increase the gross margins available to the brand owner. This is not only an opportunity to acquire a market leading brand in its field, but a niche business ready for further development.
• Consistently Profitable Business
• Established over 30 years
• Active trade client base = 200+
• Direct customers = 5000+
• Ideal ‘bolt-on’ to existing business
• Exciting ‘direct’ growth opportunity
• Business ‘trading asset’ sale
Location Details:
Currently in a small industrial unit but could easily be relocated to another location anywhere in the UK.

Is this business relocatable: Yes


Listed by: BuyMyBiz
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