Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

An Established British Formalwear Accessories Business For Sale

South East of England, UK
Asking Price:
£500,000
Turnover:
£500K - £1M
Net Profit:
On request

A specialist wholesale business offered as a going concern through an asset sale, with an established retail customer base and scope for integration into an existing trade operation.

Business Location: South East of England

Asking Price: Offers in the Region of £500,000.

Asking price includes stock valued at circa £190,000 cost landed.

Current Business Turnover: £584,000

Current EBITDA of circa £166,000 before owner remuneration, supported by a 57% gross margin. Adjusted EBITDA for a trade buyer circa £291,000.

Business Executive Overview

The business designs and supplies men’s accessories for weddings, Black Tie, White Tie and race meetings. Its coordinated collections enable independent wedding and menswear retailers to source complementary products from a specialist supplier.

The operation carries approximately 3,000 stocked product lines and services customers through its own warehouse. Retailers typically order in small, frequent quantities, creating an established replenishment pattern. Telephone, email and trade shows complement the principal online ordering channel.

The brand has a long trading history and has been held under longstanding family ownership.
The sale forms part of the owner’s staged retirement plans. Brand history and archive materials are included, with identifying dates, ownership details and supporting records reserved for disclosure under NDA.

Key investment highlights:

• Established brand heritage (dating back to Victorian times) and a specialist position in wedding and formal occasion accessories.

• Approximately 400 active trade accounts across the UK and Ireland; the largest represents less than 10% of sales.

• Broad coordinated range supporting repeat orders as retailers replenish stock.

• Approximately 75% of orders are placed through the trade website, which provides live stock information and account ordering.

• Reported EBITDA of £166,000 before owner remuneration, supported by a 57% gross margin.

• Potential purchasing, fulfilment and overhead benefits for an established trade buyer, subject to integration costs.

• Vendor reports on recent sales growth and scope to improve availability across the product range.

• Retirement sale with customer and supplier introductions and an extensive transition offered.

Property Information

Property:

Leasehold

Location:

South East of England