Online Manufacturer and Supplier of Kilts and Accessories in Edinburgh

Edinburgh, Midlothian
REF: R07723

Asking Price:
£180,000
Annual Turnover:
£548,402
Annual Net Profit:
£77,440
REF: R07723

Overview

Tenure:
Relocatable
Established:
2004
  • Excellent reputation
  • Loyal customer base
  • Huge growth opportunity
  • Low overheads
  • Strong supplier relationships

The company for sale is an e-commerce business that is currently based from Edinburgh and specialising in Scottish clothing and accessories. This is an excellent, unique opportunity to purchase a business that has built up a very strong and internationally-recognised brand.

Originally founded in the 2004 as a hobby, the business sold only sporrans before expanding into kilt belts and buckles, as well as sgian dubhs. After introducing full kilt outfits, the company experienced a huge rise in popularity and a rapid expansion of production and distribution, before re-launching in 2016 to immediate success.

The business’s popularity amongst kilt-wearers around the globe stems from the high quality of all products, which is a result of durable, premium materials and the close attention to detail that is given during the manufacturing process. Clients also value the impeccable and efficient customer service throughout the purchase process, as well as the extensive range of colours and designs available. The company’s innovative approach of continually updating and improving its product range has further cemented its status as the industry-leading retailer of Scottish clothing and accessories.

The business currently operates from its spacious warehouse premises in the buzzing port district of Leith, a trendy area of Edinburgh that is popular with both lifelong locals and young creatives. The owners have developed a unique, specialised supply chain which enables the business to produce high quality products at affordable pricing. Furthermore, it possesses an excellent website that is easy to use and features high quality editorial and product imagery. The addition of a blog, the business’s history, inspiration, and helpful guidance further presents the business as a reputable brand which provides excellent value to consumers. The business also has an engaging presence across Facebook, Twitter, Instagram, and Pinterest.

The retailer is a highly procedurised business and possesses a procedure manual which outlines all the tasks involved in running the business. Additionally, the current owners will give support and direction to ensure the buyer gets up to speed efficiently.

This is a highly lucrative opportunity as there is a predicted increase in people looking to buy affordable kilt outfits, as the demand for kilt hire is declining. It would be a brilliant acquisition for a buyer who is already experienced in the retail industry, whether that be in e-commerce, manufacturing, or distribution. However, experience specifically in clothing and accessories would be ideal to ensure a strong start to the new ownership. It would therefore be especially suitable for an existing online clothing retailer.

The business is only for sale due to the owners needing to focus their attention on their other business ventures, and so the company would grow significantly if the new owner dedicates the necessary time. Another expansion method would be to introduce custom-made jackets and trews again, as these were previously removed due to the owners’ time constraints. Additionally, the buyer could increase the range of tartans and unique accessories designed in-house.

Loading...
  • Relocatable
  • No local competition
Rent
TBC
Rates
TBC
Lease Term
TBC
Lease Expiry
TBC
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

Refine

Miles
£
£
£
£
Timed popup