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View the "Busy Embroidery Business in Ystrad Mynach For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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S Martin (Feb 2013)
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Leasehold Price: £59,950 Price Reduced Turnover: £72,886 Gross Profit: £40,002
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this busy embroidery business, which is ideally located within the town of Ystrad Mynach, Caerphilly.

The business was established by our client in 2004 and is only now being offered to the market due to our clients’ desire for a well-deserved retirement. The business operates 5 days per week, and 6 days during the school holidays, generating a turnover in the region of £73,000, with a gross profit of approximately 55% as per 2016 accounts.

Our clients offer a wide range of high quality embroidery services and supply workwear, casual wear, sportswear, chefs wear, school wear, safety wear and bags & accessories, to name a few. The embroidery is done on site, which enables our clients to maintain and control the quality, offering a fast and friendly service. The business is highly established with big companies, including a Blue Chip company and a lot of schools in the area.

The business has built up an enviable reputation within the area and further afield for the very high quality of the service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by expanding the amount of school and workwear contracts. A new owner could also embark on a modest marketing campaign to highlight the excellent service offered. The business already has a website in place at www.kwikstitch.co.uk.

This is an excellent opportunity for a new owner to take this already busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

LOCATION
Kwikstitch Embroidery occupies substantial premises, ideally located on an industrial estate within the town of Ystrad Mynach, Caerphilly. The premises are situated on the outskirts of the town and is surrounded by complimentary businesses and benefits from a good volume of passing trade. The business further benefits from good car parking facilities.

Ystrad Mynach is situated within the County Borough of Caerphilly, 5 miles north of Caerphilly town. It has a residential population of approximately 13,500 and stands in the Rhymney Valley. Amenities within the town include a number of council offices, a further education college, a community hospital, three public houses and a number of schools.

The area is served by the public transport system, with bus stops within easy walking distance of the property. Ystrad Mynach railway station is approximately one mile away. The area is also well served by the A-roads, with the A469 being within close proximity, which links to the national A-road and motorway networks. Pontypridd is approximately 10 miles away and Newport is 14½ miles away.

PREMISES
Substantial ground floor industrial premises, briefly comprising:

Large rear shutter doors.

Entrance through a secure door.

Office area.

Ladies and gents’ WCs.

Large workshop with a huge bench for preparation, packing etc.

Shelving for stock.

12 head sewing machine to left of work bench.

Office space behind a partition for paperwork etc.

Storage above office and WCs.

Equipment:

12 head sewing machine, bought in 2004, which has been serviced and maintained to a very high level and cost approximately £15,000 - £20,000.

External:

Excellent car parking facilities.

Signage to front and back of property.

TENURE
We are advised Leasehold:

Rolling lease.

Rent: £287 per month.

The rent has been the same since 2004 without a single rent review.

HOURS
The business is open:

Monday – Friday: 9.00am – 5.00pm

Saturday – Sunday: Closed

The business operates on Saturdays during the school holidays.

STAFF
The business is owner run and managed.

FINANCIAL PROFILE
The business generates a turnover in the region of £73,000, with a gross profit of approximately 55% as per 2016 accounts.



Tenure: Leasehold

Listed by: Hilton Smythe
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