Niche market leisure, accessories and sports clothing business for sale
Business reference: VEX00806
Gross Profit: ~£370,000
Please direct all enquiries to:
(T) 0330 133 2020
Vexus Corporate Ltd. 78 Pall Mall London SW1Y 5ES
The business is regarded as one of the leading brands within is ‘niche’ marketplace. It is essentially a product sales and marketing business which designs, imports and distributes an extensive selection of ‘own brand’ sports clothing, footwear and accessories for a popular sporting activity. Our clients brand and its range of products sits within the ‘affordable quality’ market with its current market share estimated at between 25% – 30% of the UK market.
“Established business with high levels of repeat business”
Established over 30 years ago, the business has a reputation for product innovation and typically makes between three and six changes or additions to the range every year. Our client has been at the forefront of new product development over many years; with well established products now have generic names within the trade.
“87% trade sales with the balance from direct customer sales”
Currently 87% of turnover comes from trade sales, our client is wholesaler to approx 200+ sports retailers across the UK, the balance comes from direct sales via the company website combined with a single company showroom outlet. We believe this traditional ‘wholesale to retailer’ model is ripe and ready to evolve over the next few years to a direct/web model with approx. 75% direct business and 25% trade sales. This change will greatly increase the gross margins available and the net profit delivered to the business owner.
The vendors seek the sale of the business assets and stock to a larger business, ideally with an existing infrastructure and the expertise to sell and deliver products direct to the end client. We believe this traditional ‘wholesale to retailer’ model is ripe and ready to evolve to a direct/web model which will greatly increase the gross margins available to the brand owner. This is not only an opportunity to acquire a market leading brand in its field, but a niche business ready for further development.
- Consistently profitable business
- Established over 30 years
- Active trade client base – 200+
- Direct customers – 5000+
- Market leading brand
- Ideal ‘bolt-on’ to existing business
- Exciting ‘direct’ growth opportunity
- Business ‘trading asset’ sale
Reason for Sale
Due to pending retirement, the Directors are considering an outright sale of all trading related assets of the business to a suitable trade buyer, ideally with a larger operator in a similar field of business with the commitment, enthusiasm, and resources to drive the business forward.
This is a rare opportunity to acquire a well established sports / leisurewear brand. The business offers excellent growth potential as and ‘bolt-on’ to an existing operation looking to expand its range of branded products.
The Next Step
We are intending to open discussions with qualifying purchasers with the appropriate resources, synergies and expertise to acquire and further develop this business. Offers will be invited for the business assets including: Goodwill, intellectual property rights, plus stock at valuation. Click here to complete the confidentiality agreement for this business so that we might provide you with the full information memorandum.