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ID: MV1828

Footwear Manufacturer

United Kingdom

The Business is a Family run footwear manufacturer of over 40 years, manufacturing all types of footwear. A strength of the business is their technology for Product Design and Development.

ID: MV1828

Register Interest
Turnover:
£1.6m
Profitability:
16.8%

Location

North West

Business Description

THE Business is a Family run footwear manufacturer of over 40 years, manufacturing all types of footwear. A strength of the business is their technology for Product Design and Development. The Business retains a white label status of manufacturing footwear products for other companies and is Financially Strong!

Key Aspects

• Renowned in the industry for its quality products and service for over 40 years

• Great Loyalty and Staff retention (a combined staff experience , totaling over 400 years )

• Strong Industry profile generates many regular orders.

• Maintains excellent relationships with suppliers that allows the company to manage stock levels efficiently.

• Has a range of long-standing customers relationships ranging for many years

• Owner planning retirement, but flexible with handover

Financial Summary

Strong profit margins and strong year-on-year growth

Investment Rationale

Opportunities to grow the business

1) Organic growth with existing and new manufacturing customers. This is particularly true with associated markets.

2) Investment in additional targeted stocks would undoubtedly increase Component sales as would expanding the range of products by closer working relationships with existing Component suppliers as well as the introduction of new.

3) Targeted marketing with a greater social media Greater Social Media presence. The company is reactive and very busy but being proactive it will allow greater sales and give the 100% full manufacturing capacity and will lead to further opportunities

Customer Overview

The Business retains a white label status of manufacturing footwear products for other companies and is Financially Strong

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