business for sale

Manufacturer and Wholesaler of Ecclesiastical Shirts & Collars

Businesses for Sale

Sale Memorandum

Manufacturer and Wholesaler of Ecclesiastical Shirts & Collars


Ref.AB090

Location Re-locatable

Asking Price £ 320,000

Confidential offered for sale

Asking Price: £320,000 + SAV
Turnover of this business is £461,665, generating a gross profit of £156,480.
The current value of the stock is estimated at £25/26,000, and is to be sold at valuation.

Asking price includes:

Large established blue chip client base
Fully Re-Locatable business
Quality Customer Service
Fully computerized system
Training and handover
Goodwill
Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA

Business profile:

This business is a very well established garment, marketing and manufacturing company producing ecclesiastical shirts and collars.

Continued investment in emerging markets has enabled the business to supply not only in the UK, but also to Europe, Africa and the USA.

A private company established in 1997 (formed as a limited company In 97 but been In existence for over 35 years) the business pride themselves on supplying customers with a quick response to enquiries, and providing quality garments at commercial prices.

A main strength of production of garments is the guarantee for very good quality and prompt observation of the time limits for delivery. The business has worked with different clients from many countries, this has made the company flexible and ready to adapt to customers’ specific requirements.

The company’s long-term team contribute with their expertise and high degree of training to the building block of its’ overall success. The business is certified and approved by major UK retailers and other European clients.

Equipment:

The business is fully computerised, with all clients on a comprehensive database. Sage is used for accounts and stock control.

Customer Service:

The company prides itself on giving a friendly, helpful and efficient service. This business maintains an extensive base of satisfied repeat clients who appreciate the prompt, friendly service, reliability and reasonable, yet competitive prices. Trading throughout the whole of the UK and parts of Europe, Africa and the USA, it is dedicated to providing 100% customer satisfaction


Key Strengths:

The company has an in depth understanding of the clothing industry and has established an excellent reputation and name for its quality range delivered with efficient fast response times.

The business has the benefit of a large strong customer database and there has been steady growth and excellent profit margins since the commencement of the business, this business is the ideal resource for in-demand, quality, fashion garments.
Growth and Expansion:

The current market for this business is growing 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.

Business operations are not at maximum capacity and there remains considerable scope for an increase in operations, turnover and profit simply by gearing operations in line with current market demand.

Key Opportunities:

This business has endless potential to increase its turnover/profit by doubling the present production capacity, thereby setting up a system capable of responding immediately to production for new customers and attracting customers for whom fast turn-around, quality and flexibility are even more important than price.

Increased productivity would allow for expansion into niche markets. Early interest is essential to fully appreciate the scope this business has to offer. A new owner would contribute fresh ideas and energy to expand on this excellent foundation.
Premises:

This business is fully re-locatable.

Business Hours:

Monday – Friday 9.00 am – 5.00 pm
Advertising and Marketing:

The business relies solely on its established reputation and repeat custom. This business doesn’t currently have a website, though it is thought this would prove a very powerful marketing tool and have a significant impact on turnover and profitability.
Financial profile:
This business is offered for sale as a going concern. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

This business has enjoyed significant growth whilst under the control of the current Owners with turnover of £461,665, generating a gross profit of £156,480. The current value of the stock is estimated at £25/26,000, and is to be sold at valuation.
Employees:

The business currently employees two full time order and dispatch staff.
Support and Training;

Full support and training will be provided to the successful purchaser.
Reason for Sale:

This is a genuine retirement sale
Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006

Next steps

If you are interested in finding out more about this business please:

  1. Click here to generate the Confidentiality agreement with your details
  2. Print the confidentiality agreement
  3. Sign the confidentiality agreement and fax each page of the document to 0870 432 3611
  4. We will contact you and put you in touch with the seller of the business.

[back to businesses for sale] [return to top]