Total of 18659 firms and businesses for sale today Thursday 16th May 2024
Sold. Manufacture & Wholesale Of Specialist Footwear Footwear & Leather Products To Well Known Int
LISTING DETAILS
Firms For Sale ID:
24947
Vendor reference:
AB099
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£165,000
Turnover / revenue:
£150,000
Net profit / cashflow:
Undisclosed
Years established:
33
Number of employees:
3
OTHER DETAILS
Reason for selling:
The business is for sale as result of the Vendor’s wish to retire.
Support and training:
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leasehold and on a renewable lease. Rent is paid annually at circa £12,000 with rates circa £4,000. The premises benefits from ample parking, broadband internet access and is lockable and secure.
BUSINESS DESCRIPTION
Manufacture & Wholesale of Specialist Footwear
Footwear & leather products to well known International commercial customers
Ref.AB099
Location Hertfordshire
Asking Price £ 165,000
This highly regarded business was founded in 1978 and has weathered many economic periods and become a significant enterprise with a reputation among its many blue chip customers, predominantly well known brands and coldstore companies, for the quality of its products and service, honesty and reliability.
This business offers many advantages to customers, allowing a strong relationship to build up which improves product quality at all stages in the development and production process a commitment which has lead to consistent long term trading relationships.
The business offers a comprehensive range of high quality specialist footwear and leather products, covering every level of technical requirement and quality demand appropriate to their end use and market, many with uniquely designed features and it is this business’s ability to operate in such detailed ways in determined volumes that creates a clear difference between this business and competitors meeting the customer’s needs for cost, productivity, delivery and quality.
The business operates from a prime location in Hertfordshire and has invested significantly in technology and implemented it to maintain the careful balance between cost and quality, providing exceptional value for money and combining ease of delivery through exclusive in-house manufacturing, to the customer with maintained manufactured integrity.
The business has the technical and manufacturing capacity to increase production within current operations.
Expansion Potential
This industry sector has been though very hard competitive times and this business has emerged as one of the tried, tested and robust survivors and now the current market for this business is still competitive and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
The business is constantly innovating and new product revenue streams can be developed into significant contributors to turnover. Added to this the business has determined new opportunities for sales in bespoke and themed products which are showing early signs of growth and success.