Leisure | | £1m Turnover An importer and wholesaler of own-branded fashion accessories is available for sale.
The business supplies nationally to a large number of leading independent ladies fashion boutiques and accessories shops. The brand is well known and respected withing the industry. To date, the business has been operated as a 'lifestyle business'.
Sales growth has been strong during recent years, despite the tough trading conditions in the economy. The directors believe that this is due to the excellent product range and a strong marketing campaign to retailers. At present, no marketing is directed at the end consumer and investment in this area would enhance the brand and further improve sales significantly. Sales are made by a network of sales agents. However, full national coverage has not yet been achieved. In addition, the opportunity exists to launch internet retail, which has not yet been explored by the company.
Goods are sourced mainly from the Far East and the company is not unduly reliant on any one supplier and it frequently sources new suppliers.
The business has a turnover of £1, generating profits in excess of £200k.
turner parkinson LLP is a Manchester based commercial law firm, specialising in SMEs and owner managed businesses with a turnover between £0.5m - £20m.
