Highly Successful Footwear Company for Sale in London

REF: INT2887

Asking Price:
£439,000
Annual Turnover:
£697,240
Annual Net Profit:
£125,093
REF: INT2887

Overview

Tenure:
Leasehold
Established:
1980
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Spacious Premises

This is an exciting opportunity to purchase an established and highly reputable footwear business, established in 1980 and specialising in Nigerian footwear for men, women and children. This brand is widely known for its matching shoes and bags for women, with customers travelling from far afield to purchase their products.

Their customer base comprises returning customers as they have been
established for over 40 years and have a huge client base across the globe –
from London to the US. The company works closely with finely sourced
suppliers from Spain and Italy to bring the highest quality leather and designs
to London –all shoes are expertly crafted by well-known shoe craftsmen in
Europe and the business is proud of its footwear and stature in this industry.

With 40 years of account data indicating a consistently healthy annual turnover and profit margin, this year they revamped their website, resulting in increased online sales and positive customer feedback. They maintain strong client relationships, utilising email newsletters and personalised emails based on customer preferences.

The family-run business works closely with factories in Spain, Italy and China to maintain excellent relationships with factory owners for beneficial profit margins. Customers return because of quality, brand name, customer service and the in-person experience in their London store.

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