Fashioned Cut and Sew Knitwear For Sale

Business description

Manufacture & Supply of Quality, Fully Fashioned and Cut & Sew Knitwear

This business is an established garment, marketing and manufacturing company producing fully fashioned contemporary garments and cut and sew knitwear in 5,7,10 and 12 gg, whose targeted buyers are nationwide high street brand retailers and fashion conscious women of all ages, this very successful company provides a strong presence on UK high streets.

Continued investment in emerging markets has enabled the business to build a wholly owned production plant in Europe. The plant services a blue chip client base throughout the UK and Europe.

The business has built up an amazing portfolio of clients, with such prestigious customers as: George (ASDA), Primark, Bhs, Next, Etam New Look and Mackays and also cut, make and trim (CMT) production (knit make up) for la Redoute and other continental customers.

A private company established in 1999, the business now has 200 employees who pride themselves on supplying customers with a quick response to enquiries, and providing quality garments at commercial prices. The knitwear operation has capacity of 100,000 garments per month and supplies a flexible range of quality fully fashioned knitwear plus cut and sew knitwear. The business employs a skilled workforce and the factory is ideally placed to provide the quality and rapid turnaround of today's knitwear market, but without the lengthy shipping time normally associated with far-east suppliers.

Located in one of the newest democracies in Europe the business is eagerly embracing free market economics. The company has invested heavily in this emerging market.

Manufacture is from a purpose built ‘A’ grade factory in one of the most picturesque locations in Romania, which complies with ethical and quality audit requirements. This respected manufacturer produces versatile collections in synthetic, natural and blended fibres, including plaited and integral lycra, wet finished cotton and wool, pointelles, fancy yarns and hand finishes such as embroidery, beads etc.

In fact, this manufacturer is proud to have been recognised for its styling, market appeal and quality as well as its endeavours to offer a contemporary line to the marketplace. With its versatile line retailing in many major stores in the UK and Europe, this enterprise can readily attribute its success to the loyalty of its repeat clientele.

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 staff and management 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.

Property information

Location:

The vendor owns the freehold of the property; which is situated in an exclusive village location. In total there is approx. 12000 m2 including an extensive fruit orchard.

The main building employs 200 people on a rotating shift system and is an extensive, modern, four storey, functional freehold facility that is approximately 2600m2 (main building) and is equipped with the latest in design and manufacturing equipment. The premises offer separate offices, canteen, 5 self-contained modern bedrooms with private kitchen, an expansive make-up area, air-conditioned knitting floor and a separate yarn storage warehouse (ca. 500m2) within the factory perimeter. There is a separate boiler house, water reservoir and yarn humidification cellar. The premises are strategically located and offer excellent potential for further expansion in the future.

Other information

Expansion potential:

The market for 'off the peg' and bespoke knitwear clothing is increasing and there is an excellent opportunity to build on the existing client base of this company. The company offers an up and running complete concept to any larger company wanting to expand, and would complement any high profile company with their products, which would work very well together with other top end of the market fashion items.

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.

Competition / Market:

The business has an extensive company website and a dynamic sales and marketing department that utilises the latest technologies, it provides excellent service and feedback to all customers throughout the production process. Manufacturing within their own factory allows strict control covering all aspects of the order process from initial sampling, ongoing production and scheduled delivery. The management team is small and flexible; this allows excellent response to customer requests.

Support & training:

The owner is happy to provide full business familiarisation, training and handover for a period of time to be negotiated prior to the sale.

Reasons for selling:

Due to retirement and his wish to spend more time on charity work our client has now decided to place the business for sale.