Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Manufacture, Import & Wholesale Of Dance Shoes & Clothing For Mail Order And Retail Companie

LISTING DETAILS
Firms For Sale ID:
28920
Vendor reference:
IC013
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£475,000  
Turnover / revenue:
£435,000
Net profit / cashflow:
Undisclosed
Years established:
25
Trading hours:
Monday – Friday: 8:00 am to 4:30 pm
Number of employees:
5

OTHER DETAILS
Reason for selling:
Retirement. The business is in a strong financial position and is being marketed at a time of growth and prosperity.
Support and training:
The current owner will offer a full and comprehensive training and support package to facilitate a smooth transition of ownership.
Business is relocatable:
No
Business is web-based:
Yes
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business trades from a leasehold modern industrial unit with manufacturing and warehousing capability, plus a newly completed factory shop. The floor space is circa 3,700 square feet. Rent payable circa £12,000 per annum. Rates Payable circa £2,500 per annum.
 
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BUSINESS DESCRIPTION
Manufacture, Import & Wholesale of Dance Shoes & Clothing for Mail Order and Retail Companies
Ref.IC013
Location Leicestershire
Asking Price £ 475,000
This business successfully manufactures and imports dancewear and shoes. The company has been in business for over 25 years and has unlimited experience in selling to wholesalers, distributors and the retail market. A new venture is also flourishing in the form of a factory shop. The balance of trade is as follows.

• 70% mail order
• 25% retail outlets
• 5% factory shop

The product range includes leotards and skirts plus lycra pants, ballet, jazz and tap shoes. The garments and shoes in the range have undergone rigorous development and testing to ensure the wearer receives the highest level of comfort and performance. All clothing and shoes are excellent value for money, attracting a varied potential customer base.

The clothing produced covers a large age range suitable for ages 4 to adult. The business is set up and managed to be flexible enough to react quickly to changing trends and styles within the dance fraternity.

A wealth of knowledge has been gained over the years and excellent business relationships have been set up with a comprehensive supplier base in India and Asia. These suppliers are all tried and trusted and understand the quality and sales service the business demands.

The business operates from a modern unit with production and warehousing facilities, the machinery is up to date giving the company a definate edge over its competitors. The dance wear and shoe industry is a very niche business, the number of manufacturers in the UK is very limited.

This superb business opportunity is one of the market leaders in the industry. There is a genuine reason for the sale of this thriving and cash rich company that has an enviable reputation within its industry.

Expansion Potential
There are excellent opportunities to increase the levels of business. Since inception this business has performed to a high standard and has earned wide-recognition for the quality products it supplies. It is considered that a new owner with fresh impetus and enthusiasm can further capitalise on the ever increasing opportunities made available to the company through its reputation.

Market / Competition / Non-Competition Agreements
Existing customers are the businesses best advertisers, word of mouth is consistently generating new work, and also being an approved manufacturer and supplier positively spreads the company message to the wider audience. The company takes advantage of different mediums to promote its clothing and shoe range and advertises in yellow pages and trade related magazines.