West Midlands Fashion Accessory Distributor For Sale

Business description

Advent Business Sales are delighted to offer to the open market this rare business concept, which has been trading successfully since 1999.

Our client has reluctantly offered this business for sale as his other business commitments are gathering momentum, which needs his total attention.

The company has over 30 years of experience manufacturing predominantly watches overseas with a world wide client base.

The variety of watches produced ranges from children’s LCD (digital) to solid sterling silver collections sold through high end designer outlets.

Our client is a preferred supplier of fashion accessories including watches and sunglasses for many high street retailers and also owns the exclusive licence for three major designer brands in the UK.

Our client generates healthy sales through TV shopping and action channels.

With an established UK base our client brings expertise to design production and fulfilment directly to the retailer, so that they reap the benefits of dealing directly with the manufacturer.

Our client offers a great deal of flexibility as they can manufacturer as little as 100 pieces, so the retailer does not need to commit to or stock large volumes.

Pricing is keen as the retailer benefits by purchasing directly from the manufacturer.
All delivery can be fulfilled with 45 days of conformation with a shorter time frame for repeat orders.

Our client offers a very high end comprehensive package for its customers and has built excellent relationships with major retailers.

The growth of sales is expected to increase with concentration on exclusive products, which enable higher profit margins.

The business is staffed by the owner with one full time employee, enabling high profit margins.

A rare business concept with tremendous growth value.
REF: 9051B
FINANCIAL INFORMATION
We have been advised by the vendor of the following:

Annual sales: £971,821
Gross Profit: £538,953

Accounts will be made available to interested parties after a viewing has taken place.

Please let us know if you require finance for the purchase of a business.

Property information

Location:

Our client operates their administrative operation currently in Birmingham, although the process could be relocated anywhere in the UK.

Premises details:

Re-locatable

Other information

Trading hours:

Office hours

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