Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Own Brand Soft Furnishings Uk Manufacturer, Wholesaler & Retail
LISTING DETAILS
Firms For Sale ID:
33784
Vendor reference:
Ik269
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£1,100,000
Turnover / revenue:
£2,600,000
Net profit / cashflow:
£350,000
Number of employees:
16
Employees / staffing:
There are 2 working directors within the business. One of the directors looks after the manufacturing business and the other is sales and administration orientated. The company employs some 16 staff members and these include senior account managers, IT support, customer service assistants as well as manufacturing operatives, dispatch and warehousing team.
The business will also employ additional agency staff as and when required.
OTHER DETAILS
Reason for selling:
The vendors believe the business now needs a new injection of energy and business acumen to maximise the many, many opportunities it has available.
Support and training:
The current owners will provide all necessary training and handover to ensure a smooth transfer of the business to the new owner. Both or either of them would also be prepared to stay on for an extended period of time, should a new owner so require, subject to negotiation.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Own Brand Soft Furnishings UK Manufacturer, Wholesaler & Retail
Ref.Ik269
Location West Midlands
Asking Price GBP 1,100,000
This young and dynamic UK-based manufacturing business has quickly established itself in the UK soft furnishings market, for providing highly competitive priced products to its customers, in many cases ex-stock. Not only does the company manufacture and supply its own range of quality branded goods, it also supplies many complimentary goods, both bespoke and standard in design
Now firmly established, this family run business offers a range of high quality products that are manufactured in the UK and sold under the companys suite of brand labels to a host of leading High Street multiples. The product range is growing as the business evolves and includes the manufacture and supply of:
Cushions
Pillows
Duvets
Bedding
Curtains
Throws
Draught Excluders
Seat/bench Pads
Pet Beds
These items are sold under several different brand names of the company (which are in the process of being trademarked).
The business has a very impressive client list that spans the whole of the UK. Typically the business sells to many of the large High Street multiples, its impressive list of blue chip customers continues to grow as demand for UK manufactured goods continues to surge.
In addition to selling on a wholesale basis the company also retails its products via the Internet, both directly and via major shopping portals such as Amazon, e-Bay and Play. (For accounting purposes the business trades as two separate and non-conflicting companies split on a B2B and B2C basis).
The success of the business is down to the fact that it has complete control of the supply chain and the margins. Therefore it can deal direct to ensure prompt service and consistent delivery. Client satisfaction is paramount and the company prides itself on its ability to meet client pricing and fulfilment levels each and every time.
Market / Competition / Non-Competition Agreements
The business does very little in the way of marketing and gets most of its work via referrals, recommendations and repeat business. It does have its own informative and interactive websites as well as featuring on some sponsored links via Amazon and the like, however it could certainly benefit from a more strategic medium/long term marketing plan.