Business Summary:
Manufacture, Import & Wholesale of Dance Shoes & Clothing for Mail Order and Retail Companies
Confidentially offered for sale
Ref No: IC013
Location: Leicestershire
Leasehold
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.
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| Facilities / Terms of Lease:
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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| Potential
Growth/Expansion:
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. |
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| Competition:
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.
The business has an informative website which allows the user to find out details regarding the business and the range of products on offer. |
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| Owner
willing to train:
The current owner will offer a full and comprehensive training and support package to facilitate a smooth transition of ownership. |
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| Reason for selling:
Retirement. The business is in a strong financial position and is being marketed at a time of growth and prosperity. |
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Seller Reference Number: IC013
BusinessMart.com Listing Number: 102071 |
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