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Embroidered Workwear Business, West Central Scotland

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  • Leasehold: £150,000
  • Turnover: On request
  • Net Profit: N/A

Business Details

The Business Sales Agency are pleased to bring to the market this rare opportunity to acquire a well established and consistently profitable workwear and embroidery business that has an excellent customer base across Central Scotland.

With almost 2,000 clients the business generates most of its sales from its regular customers and word of mouth referrals.

Net annual sales of £230,000 with low overheads and excellent margins make this an easily managed and profitable business.

Business, equipment, fixtures & fittings for sale at offers over £150,000 plus stock at valuation.

 

Further Details:

This is an excellent opportunity to acquire a well established and profitable business which specializes in embroidered workwear.

With a regular base of almost 2,000 commercial customers this B2B business supplies uniforms and work wear to the construction trades, retail and hospitality sectors together with any other businesses requiring branded staff clothing.

Own showroom, workroom and offices.  Full handover and training available if required.

Financial information: 

Current year’s net sales on target for £230,000 with excellent gross profit margins.

The sale price includes all equipment including 4-head and single head Happy embroidery machines, heat press, vinyl cutter, related computers and printers together with all display, storage and office fixtures and fittings.

Stock at cost around £4,000.

Further financial information can be made available to serious interested parties after viewing.

Staff:

The business is run by the two owners with one part-time employee.

Opening hours:

9am - 5pm Monday to Friday.

Premises:

The business operates from a modern 125m2 (1,320sqft) commercial unit which is ideally sized for the business with gas central heating and ample free parking outside.

The unit comprises a showroom, workroom, large office, ample storage, kitchen and toilet.

Tenure:

Leasehold.  Rent £5,500 per annum.  Current lease expires in may 2023 but can be extended.

Rateable value only £5,500 so no rates are payable.

 

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Particulars / More Information

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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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