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Profitable School and Work Wear Wholesaler & Retailer in Glasgow, Net Turnover £1M+

Undisclosed, Glasgow
High Turnover Schoolwear & Workwear Wholesaler & Retailer, Scotland Photo 1
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High Turnover Schoolwear & Workwear Wholesaler & Retailer, Scotland
  • Status

    FOR SALE

  • Date Submitted:

    13/10/21

  • Advert ID

    284420

  • Reference

    2693 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £1,650,000
  • Turnover: £1,000,000 (£19,231 Per week)
  • Net Profit: Not Applicable

Key Features

  • New Lease
  • Unique Business
  • Retirement Sale
  • Large Business for Sale
  • Accounts Available
  • Fully Fitted
  • High Turnover
  • Attractive Business

Business Details

High Turnover Schoolwear & Workwear Wholesaler & Retailer, Scotland

This is a rare opportunity to acquire one of the leading school wear and work wear wholesalers in the UK.

Annual net turnover of over £1,000,000 with an excellent gross profit margin in excess of 40%.

Well established manufacturing supply chain producing own brand garments which account for almost 50% of sales.

Sales approximately 50% school wear and 50% work wear.

Well developed regular customer base of resellers accustomed to buying wholesalers own brand products together with own retail sales.  In house embroidery and print services adding additional value to core garments.

Recently acquired 3 year uniform supply contract with large national company.

The business is only offered for sale due to the current owners wish to retire.

Spacious leasehold warehouse facilities extending to 4,300m2 at attractive rent.

This is a well established and profitable business which has significant potential for further growth.

Stock at cost on hand around £1,400,000.

Business, leasehold interest, stock, fixtures and fittings for sale at offers over £1,650,000.

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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.

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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.

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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.'.

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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.

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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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The data showed regarding this advert 'High Turnover Schoolwear & Workwear Wholesaler & Retailer, Scotland - 2693 / 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.