Business for Sale Overview:
Established in 2005, this company manufactures and imports an extensive range of hosiery and socks. Having found a true niche in the market, the company now has a distribution network, which includes the United Kingdom, United States and Central Europe. The UK hosiery and socks market alone is valued in the region of £1.2 billion and it is anticipated that the market is set to increase by a further 15% over the next four years.
By concentrating on hosiery, socks and related products, the business has a distinctive edge and expertise in providing the finest products available at competitive prices. The business has on-going contracts to deliver core products lines to some of the UK’s largest high street retailers and is proven to deliver cost savings of 20% to all its customers.
The business uses a 24-hour tracking service to ensure delivery is on-time, in-full and to customer specifications, providing landed supply, warehousing, palletising, haulage and pick & pack options.
The company's direct and proven sourcing capabilities allow for tights and socks to be supplied for any occasion. The comprehensive stock range comprises hosiery and socks of every colour, style, size and description; from 'best-buy' products through to premium branded products.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This business is fully relocatable, with no premises included in the sale price
Market Competition and Expansion:
The company does not undertake any formal means of advertising, relying solely on word of mouth recommendation and repeat business.
Reason for Selling:
an investor redemption
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.