Relocatable Premium Knitwear Brand

London
REF: INT1854

Asking Price:
£30,000
Annual Turnover:
£13,960
Annual Net Profit:
£6,000
REF: INT1854
Photo of Relocatable Premium Knitwear Brand
Photo of Relocatable Premium Knitwear Brand
Photo of Relocatable Premium Knitwear Brand
Photo of Relocatable Premium Knitwear Brand

Overview

Tenure:
Relocatable
Established:
2014
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads
  • Strong Supplier Relationships

This is a unique opportunity to acquire a high-end and premium knitwear brand, which primarily sells through online retail and is offered on a fully relocatable basis.

The company was first launched in 2014 and was born from a vision to create beautiful knitwear from ethically sourced natural fibre yarns. Since its creation, the company has diversified and tested different yarns and product ranges, but now focuses predominantly on women’s knitwear.

Over the years, the brand has built up an outstanding reputation for their high-quality and long-lasting knitwear, which is made from carefully chosen materials, sourced with careful attention to animal welfare and environmental protection.

A large proportion of the company’s customer base is comprised of clients looking for premium knitwear from a brand, which takes transparency and low-impact materials seriously. Therefore, most of their yarns have recognised environmental certifications.

Currently, the business only has an Autumn/Winter line, therefore, there is huge scope for the new owner to expand. However, due to the classic design styles of the garments, the company benefits from high sell-through rates all year round.

The majority of the company’s sales come through their e-commerce site, drop-ship partners, and pop-up events. As the company’s garments are such high-quality, they have a very low return rate, which is well below the industry average.

The business is currently run as a seasonal, part-time lifestyle business. With low overhead costs and strong supplier relationships in place, this successful business would be perfect for anyone looking for a part-time business, which they can take to the next level.

This business is offered on a relocatable basis and could be run from anywhere in the UK, which should provide plenty of flexibility for the new owner.

The company website, the limited company with a zero-balance sheet, design sketches of core brand designs, colour codes from past designs, digital photography assets, client database, trademarked name, logo and brand pack, and social media accounts (Instagram, Pinterest, Facebook) will all transfer over with the sale. Alongside this, the current owner will introduce the buyer to material and manufacturing suppliers and existing drop-ship partners.

The business has forged strong relationships with leading suppliers of cashmere and Merino yarns in the UK and Italy, which may normally be hard to establish for a new business.

The current owner is happy to offer an initial transitional period, to ensure there is a smooth and efficient business handover.

This successful business would be the perfect acquisition for anyone looking for a part-time, lifestyle business.

There is huge potential for growth with this business, as there are several avenues that a new owner could choose to explore. First of all, there is scope to expand into new product areas, as currently the business only has an Autumn/Winter line. Secondly, there is an opportunity to work with further drop-ship partners.

It may also be worth multiplying and running concurrent events, as well as looking into improving the company’s marketing strategy.

The business already has a brilliant, easy-to-use website and a popular following across their social media channels, which act as an excellent sales window for the business. It would be highly beneficial to continue optimising and utilising these platforms.

Features

Key Information

  • Products Sold: Clothing - Ladies'

Reputation

  • Google: 5

Online Presence

  • Facebook: Yes
  • Twitter: Yes
  • Instagram: Yes

Website: www.ally-bee.com

Location

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  • Home Based
  • Limited Competition

Financial & More

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