Bespoke Luxury English Leather Luggage & Bags Manufacturer For Sale

Business description

Manufacturer of Bespoke Luxury English Leather Luggage, Bags and game bags

This nationally recognised and respected business was founded in 1996 by the Vendor with a generous combination of innovative insight and entrepreneurial spirit and has established itself since to become a significant enterprise with a national reputation for the quality and craftsmanship of its manufactured products.

The business enjoys an enviable reputation for its comprehensive range of individually designed, luggage and bags covering many levels of affordability; premium and economy appropriate to their market. This business maintains a close eye on market trends, staying current with all fashion innovations within its clients’ key markets.

Products are manufactured with uniquely designed features and it is this business’s ability to operate in such detailed ways in appropriate volumes that creates a clear difference between this business and competitors meeting the customer’s needs for cost, productivity, delivery and quality. From the earliest days of trading, operations have been invested in significantly with technology and people and implemented to maintain the careful balance between cost and quality, providing exceptional value for money and combining ease of delivery to the customer with maintained manufactured integrity.

The business has the technical and manufacturing capacity to increase production significantly within current operations. Exemplary relations further support the business with key suppliers who have helped to ensure that production is never compromised and that customers are never let down. This commitment to supply chain relationships has underpinned this business’s abilities in product quality and sustained business endurance.

The company produces numerous designs from their, Leather, Tapestry and Canvass collections including:

• Gladstone bags.
• Rucksacks.
• Wash bags.
• Cosmetic bags.
• Top frame holdalls.
• Flight bags.
• Oval kit bags.
• Soft leather brief cases / satchels.
• Folios.
• Gun slips.
• Cartridge bags.
• Suit carriers.
• Boston bags.

The company owes its success in no small part to its ability to produce from either a base starting point or to take on CMT (cut, make up & trim) work. Additionally its products have been enjoyed by numerous celebrities, including, but not limited to:

• Brad Pitt
• Victoria Beckham
• Ellie McPherson
• Liam Gallagher
• Kate Winslet
• Liz Hurley
• Cindy Crawford
• English World Cup Rugby Squad

Equipment:


The asking price includes all fixtures, fittings, plant & needle feed machinery and material stocks, thus offering the purchaser a turn-key, "trade from day one", "profit from day one" opportunity.

Customer Service:

The business manages customers ranging from design houses, manufacturers & distributors, corporate clients and high street retailers and has the systems, processes and people to ensure that both productivity and customers’ orders are satisfied. The most important aspects of customer management and satisfaction considered by the business are honesty and quality in equal measure from which comes customer confidence and speed of supply, which combined are responsible for the business retaining many customers and the reputation for which has led to the acquisition of new customers.

Key Strengths:

The business is well established and profitable, with a strong, large and growing customer base. The business retains a high level of repeat business, particularly among a number of customers returning on a regular basis. The company has earned an outstanding reputation for its honesty, service, reliability, efficient job completions, excellent quality work, ability to deliver multiple product orders, cost control and highly skilled, experienced staff. All of which is driven by the strong culture of innovation within the business.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially stable with no borrowings, well managed minimal overheads, positive cash flow, good gross and net profit and has shown consistent growth over 13 years of trading. Sales revenue exceeds £165,000 per annum with Gross profits of circa £138,000 and the vendor feels that with investment in marketing and the expected increase in market demand the business could dramatically increase its revenues.

Property information

Property:

Leasehold

Lease terms:

rent payable of circa £7,800.

Location:

The business operates from light industrial single storey premises of circa 1,200 square feet, which are held on an annual license with a rent payable of circa £7,800. The premises benefit from easy motorway and trunk road access and ample parking.

Other information

Expansion potential:

The business is an excellent opportunity for any business seeking an opportunity to expand their current product offering into this profitable sector or perhaps consolidating or growing within this sector.

Competition / Market:

This business has never needed to advertise for business and has relied exclusively on strong word of mouth recommendation based upon its excellent reputation for quality and service. A substantial opportunity exists for the new owners to invest in targeted advertising and generally adopt a more pro-active approach to marketing which the Vendors acknowledge would positively impact on the sales revenue of the business.

Support & training:

The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.

Reasons for selling:

The Vendors have been involved with the business for more than 13 years, they wish to retire, hand over a thriving going concern and feel that the Business has significant potential for growth and to increase market share.