Wholesale Distributor Of Plain Workwear And Leisurewear Clothing For Sale

The business specialises in the distribution of competitively priced, durable workwear and leisure wear garments in many styles, fabrics, colours, and sizes. The company operates on a B2B wholesale basis primarily within the UK, supplying organisations across many sectors, including leisure, healthcare, logistics, and hospitality. The business is ideally placed to facilitate further expansion due to its strong relationships with major suppliers and long-standing relationships with its customers. The company is now being offered for sale to facilitate our client’s retirement plans. Our client is open to all types of structured offers, subject to negotiation. Offers invited. Turnover in excess of £2.8m with an adjusted EBITDA of circa £208k in YE23. Shareholder funds in excess of £2m in YE23. 40% increase in turnover from YE21 to YE23. Operating within a global workwear market set to increase at a CAGR of 4.3% through to 2031. Similar UK businesses have successfully achieved turnovers of £10m–£50m. Strong relationships with major suppliers which span 32 years. Multiple customer relationships in excess of 25 years. Operates from premises leased from holding company. Abides by strict ethical and environmental codes to ensure the highest standards are met. Expanding customer base from existing B2B to B2C using third party retail and social media platforms. Great potential to expand its operations further into Europe, with the European workwear market currently valued at $19.5b.