Hilton Smythe is delighted to welcome to the market, this well-established embroidery, printing and workwear business.
The business was founded back in 2007 when the two owners, a husband and wife team, identified a gap in the market. The business has been a real labour of love for them accruing an impressive number of regular customers and a wonderful reputation.
The business is now being sold, albeit reluctantly and with heavy hearts, only due to poor health. The vendors are keen to see their beloved embroidery/workwear business passed to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level.
The company philosophy has always been to offer exceptional customer care and service and to bring their clients brand alive. They strive to make their customers awesome with quality apparel and accessories that reflect that brand. The business aims to provide their customers with superior service and expert advice.
The sale will include the company e commerce website and the business enjoys great visibility on the internet via Facebook, Twitter, Instagram and YouTube.
Products sold and personalised include;
Apparel, T-shirts, Hoodies, Shirts, Fleeces, Jackets, Coats etc.
Robes and towels
The sale will include all the fixtures, fittings and machinery required to run the business and recent investment has been made to ensure the business retains its competitive edge with a new multi head being purchased at a cost of in excess of £30,000.
Scope to improve -
Advertising and marketing campaign. The business gets most of its work from existing customers and recommendation, a new owner should look at upscaling advertising to attract additional orders.
Introduce a range of additional products.
Consider employing a sales manager to canvass for more orders
Develop the wholesale side of the business
Upgrade the existing website.
Reasons to Buy -
A well-established business with an enviable reputation and many existing customers
Current owner or his family happy to offer a handover to ensure the continued success
A real opportunity to increase turnover and profits significantly, the current owners have been running at a pace to suit due to health issues
Low running costs with inexpensive rent and no business rates
Priced to facilitate a quick sale
Hilton Smythe highly advise early enquiry to avoid disappointment.
This great little business is likely to attract considerable interest.
Location The business is located in Powys.
The business is located in a modern industrial unit on a small estate close to the town centre. There is free parking immediately outside the premises.
Premises The business is housed in a modern industrial unit which is ideally suited to the trade.
Tenure We are advised that the business is being sold on a Leasehold basis, with 3 years remaining on the 5 year lease. The rent is £5,400 per annum and has £0 rates payable.
Hours The business is currently trading 5 days a week.
Staff We are advised that the business is owners ran and managed, with the help of 1 full-time and 1 part-time staff members.
Financial Profile We are advised as per the 2019 - 2020 accounts, the business generated an average turnover in the region of £115,000. Full financials can be made available upon further request.
Disclaimer The data showed regarding this advert 'Well established Embroidery, Printing & Workwear business for sale - B06216 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
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