Highly successful corporate workwear and embroidery business with a blue-chip client base is being made available. After 29 years of building their business, the owners are looking to retire and have set the price accordingly. This represents a very attractive opportunity to acquire an established business that benefits from having an excellent reputation, a large client base and enjoys plenty of repeat business.
Priced to sell at £650k for the business plus £200k for the Freehold premises (if required).
• Midlands based,
• Capacity to manufacture and embroider up to 10,000 individual garments per week.
• T/0 for the period ending Sept 2018: £1.2m.
• Gross Margin: 34%.
• Client base: Sales are made directly and indirectly to major high-street, international and blue-chip companies in sectors such as public sector, TV production, fast food chain restaurants, world class hotels, supermarket chains. Significant own label sales are made into the cleaning & maintenance markets and to industrial laundries.
• Owners are willing to make themselves available to a new owner to help safeguard continuity and ensure an easy transition.
The new owner will also benefit from a high-quality website and could continue to run the business as a stand-alone unit. Alternatively, it could make an ideal bolt-on for an established business wanting to grow quickly or recover more overheads.
Support and Training:
Full support and training provided if required
Is this business relocatable: