Business Summary:
Outdoor Clothing Manufacturer with Retail Shop
Ref.IC010
Location West Yorkshire / Scotland
Asking Price £ 275,000
The opportunity has arisen to aquire both a manufacturing factory and a retail shop that specialise in outdoor country clothing.
The retail outlet was established over 200 years ago and is located in a busy tourist area in Perthshire. The shop specialises in the supply of garments such as deerstalkers, waistcoats, plus two’s, plus four’s, flat caps and other items used for hunting, shooting and fishing pastimes.
The manufacturing factory, which is located in West Yorkshire, was established over forty years ago. The current owners acquired the operation in 1999 as their specialist manufacturing arm to supply their retail outlet with jackets, trousers and waistcoats. The business also supplies products to other specialist outdoor clothing retailers across the United Kingdom.
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| Year
Business was Established: 1969 |
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| Facilities / Terms of Lease:
The manufacturing division runs from a traditional two storey factory in West Yorkshire. The lease is circa £9,000 per annum with rates of circa £2,000 per annum. The lease runs on a rolling month to month basis.
The retail shop comprises of single storey premises, which are fully alarmed and secure. The premises measure circa 2,500 square feet in total and consist of retail space, offices and storage. The rent is circa £17,500 per annum with rates of circa £8,000 per annum. The lease term is negotiable. |
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| Potential
Growth/Expansion:
The factory has spare capacity and at present is in a loss making situation. The vendor realises that investment in a fully functional website plus further marketing could attract added sales from new customers and significantly improve turnover. Currently there is no sales person within the company and no sales agent or export sales is employed to promote the wide range of products, this is an area that could be looked at in the future along with the distribution channels to enhance profitability. |
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| Competition:
N.A. |
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| Owner
willing to train:
The owners would be happy to help out in any way possible for a negotiated period of time to ensure a smooth transition of ownership, and to introduce the new owner to all of the major connections that the company deal with on a regular basis. |
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| Reason for selling:
One of the owners has reached retirement age and the other owner wishes to concentrate his efforts on his other business interests. |
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Seller Reference Number: IC010
BusinessMart.com Listing Number: 67348 |
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