UK Distributor And Retailer Of Branded Italian Leisurewear For Sale

Business description

HISTORY

• Brand established in Italy in the early 1990s
• Reputation developed for stylish comfortable sportswear with Italian flair
• UK distribution rights acquired in 1999 by vendors
• Product represented in over 12 countries worldwide including the USA
• Retail and wholesale trade developed steadily over the past decade
• Excellent website with significant sales volumes fully redesigned in 2010

REASON FOR SALE

• Vendors wish to concentrate on family priorities

PRODUCTS

• Ladies and gents branded leisure clothing
• Fitness wear
• Street wear
• Yoga wear
• Dance wear
• Children’s dance wear
• Accessories

CUSTOMERS

• Substantial personal customer database with around 7,000 active customers from a database of around 40,000
• Largely affluent middle class customer base with high disposable income
• Around 20 trade customers with coverage throughout the UK
• Tie in with fitness centres locally
• Customers through trade exhibitions

SUPPLIERS

• Products supplied directly from Italy
• 2 regular buying trips annually

STRENGTHS

• Established fashionable Italian leisurewear brand
• Excellent support from Italian manufacturer
• Substantial customer base nurtured over many years
• Solid financials with superb annual profit contribution
• Fully functioning website recently re-skinned
• Low overheads with minimal staffing input required


DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Property information

Property:

Leasehold

Location:

• Trading from office/warehouse premises in Essex
• Ample parking and storage
• Fully re-locatable as required

Premises details:

• Currently run from rented Council unit in Essex
• Office
• WC
• Warehouse
• Fully re-locatable

Business Operation

Expansion potential:

• Significant marketing opportunities to existing customer base
• Aggressive focus on additional UK outlets exploiting exclusivity deal
• Website could easily be expanded to incorporate additional product lines beyond leisurewear
• Fully re-locatable business

Trading hours:

• Strong web presence ensures 24 hour sales coverage
• Office open during the week between 9am and 5pm
• Exhibitions and attendance at fitness centres as required

Employees:

• Run by vendors (husband and wife) • Part time assistance from family members