Founded by the current owners nearly 15 years ago, the business manufactures and supplies a range of textile accessories for photography equipment.
It is the UK’s largest manufacturer and online retail specialist in its niche, with over 500 products listed in 11 countries.
While the majority of trade is UK based, the customer base is worldwide, with deliveries to Europe, the USA, Canada, Australasia and the Far East. Customers are professional photographers, serious enthusiasts and hobbyists.
The business operates from a leased office space based in Cheshire. The space is divided into office / storage and production / posting.
The business currently has two experienced and reliable employees, in addition to one of the owners, who fulfils the operations manager role.
The business has consistently built its revenues (other than over the Covid period) and currently generates a turnover of c £200k with owner earnings in excess of £75k. For a number of years the business has been run at a reduced activity level that suits the lifestyles of the owners, which leaves significant growth opportunities.
The owners are now of retirement age and hence the business is being marketed for sale. The guide price for 100% shares is £135K and the business will be sold with a debt free cash free balance sheet with an estimated net asset value of £25k.
The owners will provide appropriate handover support.
