Successful Embroidery and Workwear Business with Strong Online Presence for Sale in Cheltenham
Cheltenham, Gloucestershire
- Status
FOR SALE
- Date Submitted:
18/02/24
- Advert ID
606918
- Leasehold: £69,000
- Turnover: £98,000 (£1,885 Per week)
- Net Profit: On request
Key Features
- Accounts Available
- Attractive Business
- Offers Invited
- Established Business
Business Details
Established Embroidery and Workwear Business in Cheltenham
An established Workwear, Embroidery and Print, Limited Company business for sale in Cheltenham, Gloucestershire.
Purchased as a going concern in 2010 and developed over the years with the purchase of additional equipment, transfer of location. Professionally built website and social media presence. The business has an extensive customer base which has grown significantly during the period of ownership. The business operates on a high turnover of repeat business and has well-established relationships with garment and material suppliers.
The business remained resilient during Covid and post-Covid and has seen year-on-year growth in both revenue and customers. Current year revenue is estimated at a 17% increase from last year.
The sale price includes a 4-Head Tajima embroidery machine with a full annual service history. An Adkins Heat Press, Graphtec vinyl plotter, plus office furniture, storage, cottons, and vinyl.
Located on a busy modern business park in Cheltenham. The lease agreement is on a monthly rolling basis allowing easy transfer to an alternative location if required.
This is an opportunity to purchase a well-run business with a strong loyal customer base that can be taken to the next level. The current owner is willing to provide handover training if required to ensure a smooth transition and ensure customer service is maintained.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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