Importer Retailer Mail Order Of Designer Thai Silk For Sale

Business description

Importer Retailer & Mail Order of Designer Thai Silk Clothing, Accessories, Shoes, Jewellery, Crocodile Bags and Exotic Leathers.

This dynamic business has traded very successfully in the retail sector since 1993 with the clothes directly imported from Thailand and designed by top Thai designers.

Trading in accessories, shoes and jewellery the business has a wide range of quality clothing and has also been successful in trading crocodile bags and exotic leathers.The company is well established and renowned throughout the UK.

The owner of the business has reached the age where he now wishes to retire and has stated that he is prepared to beflexible in structuring a sale of the business to a new owner.

Profitable, low overheads, easy to run and manage this company is an importer, retailer, mail order and internet business ready to mve into wholesaling in certain key areas.. Since being established the business now has 15,000 retail buyers with lots of growth potential.

Mail Order:

The mail order service allows customers to purchase products by catalogue with orders being placed by phone, post or via their excellent website. Catalogues are mailed on a regular basis to the extensive database.

Customer database:
The business has database of circa 15,000 affluent mail-order buyers who are highly responsive to mail order offers.
Stock:

The business stocks exclusive silk clothing in sizes S to XXL (roughly UK sizes 10 to 18), any items temporarily out of stock are dispatched within twenty-eight days.

Bespoke Service:

The business operates “Bespoke Service” enabling customers to order clothing to meet their own personal requirements in any size and/or colour shown in the catalogue/website. This is a virtually unheard of service for clothes of this quality..

Customer Service:

This business is dedicated to providing 100% customer satisfaction, with the well trained and motivated staff making every effort to satisfy the requirements of the many customers. This is further demonstrated by the exceptional levels of regular and repeat business and visits of customers from different parts of the world.


Key Strengths:

The business is well established and profitable, with a strong and growing customer base, retaining a high level of return custom; a great many of whom having done so on a regular basis and for many years

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover is circa £175,000 per annum, gross profit is circa £65,000 and net profit is circa £25,000 per annum. Stock Value is approximately £120,000 and will be puchased in addition to the price asked.

Property information

Property:

Leasehold

Lease terms:

The rent is currently £13,250 per annum with rates of circa £6,000.

Location:

The business occupies a prime location in Kent. The business is situated amidst a good range of highly prestigious, synergistic retailers .The rent is currently £13,250 per annum with rates of circa £6,000.

The property is leasehold and the lease expires in 2014. Good retail area with the benefit of storage, basement, and administrative office area. There is an additional office at the side of the prmises which is rented out at £2,200 per annum.

Other information

Expansion potential:

The business has grown rapidly in the last few years and has got a distinct niche in the market. The business is well positioned for its next period of growth. With increased marketing, a small investment in developing a wholsale website and some new energy, revenues could be significantly increased with greater sales and better efficiency.

Competition / Market:

Most of the business's turnover is generated through the current existing satisfied client base and word of mouth recommendation. The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively. Advertising has included Yellow pages, fashion magazines and brochures. The business has a website that provides information on the business and its wide range of products.

Support & training:

The owner is happy to provide training and support to ensure a smooth transition of ownership.

Reasons for selling:

This is a genuine retirement sale.

Trading hours:

The business operates 6 days a week from 10am to 5pm Monday to Saturday.