AB193 -Unique retailer of Adult clothing, sex aids and fetish products with in-house manufacturing
Business for sale
Asking Price:
£350,000
Turnover:
£450,000
Annual profit:
£110,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This unique business was founded by the vendors in 2000. After a year in a small retail unit, they moved to their current premises in North London in 2001. With a name from the beginning for stocking fetish clothing, sex aids and equipment at the more extreme end of the market, the business has grown rapidly and built-up a loyal customer base of regular clients and referrals. The product ranges on offer tend to appeal to the male sector currently, although there is now an exceptional opportunity to move into the female marketplace.The business has an on-site manufacturing division which produces an in-house range of clothing and bespoke equipment made to order. The product range is constantly being further developed with customer input, enabling the business to be at the forefront of the industry. Bringing the manufacturing in-house has also led to a dramatic increase in profit margins achieved. The trade name of the business, and the clothing range label, have an excellent reputation in the marketplace for quality of workmanship and detail. Over the years the company has built a tremendous number of patterns for future manufacture which has taking time and investment. These patterns in themselves are conservatively valued at around £20,000.
Employee details
Fulltime staff:
5
Parttime staff:
1
