Asking Price - €651,000.00 Freehold
Terrific Opportunity for an established, recession proof business with true unlimited expansion potential
Strategically positioned to cater to Southern Europe and Northern Africa
Strong year-round trade
Strong sales with high net income
Golden Visa Opportunity
Two very profitable workwear stores with an online-shop portal.
Founded in 1995, the brand has grown to become the most recognized business in the workwear, uniform & personal protective equipment industry in the Campo de Gibraltar area.
The business is spread across two independent front stores (270m2) and an online presence. Each store specializes in different industries (Industry & Construction clothing vs Sanitary, Service & Culinary clothing). Sales positioning is to the wholesale, retail, public, small-businesses and self-employed sectors in the city of Algeciras and its surrounding population as well as Cadiz & Costa del Sol regions, Gibraltar and Northern Africa.
The business can be continued to be owner-operated or it can transition into purely an investment with the placing of a qualified manager (current owner’s role) and still produce a high ROI.
The current owner bought the brand a decade ago, building a second store in 2010 and expanding the flagship store in 2015 as well as adding the internet portal for online shopping. This was his first “foray” into business ownership and while he has been successful he is moving on to the next challenge, his reasons for selling are legitimate and disclosable to interested parties.
For those not familiar with the industry the current owner is offering the possibility of a transition period with training in all aspects of the business operations to achieve a smooth handoff for the next owner whether it is to take it to the next level or keep it performing at its current high standards.
The city where the business is located, Algeciras, is a port city (boast one of the largest ports in Europe) strategically positioned near the strait of Gibraltar with access to Southern Europe, Northern African and the entrance to the Mediterranean. It also sits between the Andalusian cities of Malaga and Cadiz, with beautiful Marbella less than an hour away, making an ideal place for expats to settle and enjoy the Spanish lifestyle.
interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.
Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.
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