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Asking Price: GBP 600000
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Business Location: United Kingdom » Derbyshire » DERBYSHIRE 
Category: Manufacturing » Clothing & Apparels Manufacturers
Advent Business Sales are delighted to offer
to the market this extremely well established
business, which has been trading for the last
15 years.
The current vendor has now decided to sell
due to retirement intentions.
The limited company is involved in the
manufacturing of old fashioned ladies
stockings or also known as fully fashioned
ladies nylon hosiery.
Our client is one of four world wide
manufacturers, which produce a product
from a by gone age brought up to date with
modern yarns.
The fully fashioned product is knitted to the
shape of the leg. This is a specialised niche
The business owns machinery that dates
back to the 1950’s. These machines are no
longer available, which provides our client
with an enormous trading advantage.
Our client has purchased a dye house, which
specialises in small batches. This vertical
integration enables our client to be in control
of the production progress.
The vendor has also massed a large range of
spares for the machinery, which has created
a self sufficient environment; especially as
all the staff is fully skilled.
The product is an extremely well recognised
brand, which is a quality-specialised product
for the sophisticated lady, which will never
be seen on department store shelves.
The stockings are of a very high quality of a
very fine gauge with a labour intensive
60% of sales are exported predominately to
America, Germany, Holland and the Canary
Islands, whilst the remaining is supplied to
the UK.
The majority of customers are internet based
retailers supplying into the fetish market.
The customers typically mark up by 200% to
All clients pay the vendor by pro forma or
cash on delivery and a few within 30 days.
Sales historically have witnessed stable
increases of 5% per annum, which is also
projected for the next financial year. The
vendor has also factored in an 11% increase
in price over the next 12 months which will
push net profits even higher.
Due to retirement plans, the owner has not
exploited several lucrative areas.
Firstly, a new owner could develop Internet
sales direct to the public. This would
substantially increase net profits if only 30%
of sales were at the higher margin retail
The business owns 3 knitting machines. By
choice they only run 2. This excess capacity
could be filled with more marketing.
Another area is the manufacturing of
medical hosiery. This market is serviced by 6
to 8 suppliers who vary from small to large
companies (some of whom have sales in
excess of £30 million per annum).
The vendor has informed us that he has been
offered a £250,000 contract for medical
Our client also owns 8 RHZ knitting
machines, which produce a genuine vintage
article with a reinforced head and toe. There
is huge potential to service this market via
the acquisition of new machines.
The business is also able to produce fancy
prints if needed.
There is vast potential to supply associated
products such as suspenders, bra’s and
corsets. Our client can manufacture some of
the lines on existing machinery.
Our client has the largest range of the other
three manufacturers, and probably the
largest sales and profits. This presents an
excellent opportunity to acquire the
competitors and to have a world wide
Our client has ample capacity and has a
reputation for never failing to deliver.
Hence the customer base is naturally
increasing as more and more customers turn
to the owner due to his reliability and
The business is run in a management
capacity by the husband and wife team with
a further 10 staff at the factory with
another two at the dye house.
Stock at cost is in the region of £6,000. All
stock is pre-sold.
The manufacturing operates on a 24 hour
basis with the dye house 6am - 4.30pm.
The vendor is willing to conduct an in depth
hand over subject to negotiation.
The dye house has additional capacity and
also conducts a lot of sample sets for large
hosiery companies. They have recently been
approached to dye socks.
This is exceptional opportunity to acquire a
niche business with virtually no competition
and with additional spare capacity.
An aggressive new owner could
substantially increase net profits either by
developing direct retail via the internet or by
acquiring competitors.
We have been advised by the vendor of the
Annual sales: £400,000
Gross Profit: 20%
Accounts will be made available to
interested parties after a viewing has taken
Please let us know if you require finance for
the purchase of a business.
TENURE: Leasehold
Original lease: TBC
Remaining lease: TBC
Review every: TBC
Rent: £
We are advised that the annual business
rates are currently: TBC
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
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Financial Information:  
Annual gross sales: (GBP) 400000
Yearly Revenue: (GBP)
Total yearly sales revenue
Net Profit: (GBP)
Total profit before taxes
General Information:  
Business Area:
Year Established: 1993
Is Relocatable?:
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 12 FT
Reasons for selling:
The current vendor has now decided to sell due to retirement intentions.
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