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Established Embroidery and Screen Printing Business in Ossett for Sale, £180K Annual Sales

Wakefield, West Yorkshire
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  • Status

    SOLD / WITHDRAWN

  • Date Submitted:

    28/07/23

  • Advert ID

    517320

  • Reference

    590072 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £375,000
  • Turnover: £183,586 (£3,531 Per week)
  • Net Profit: Not Applicable

Business Details

Service Industry For Sale in Wakefield

EMBROIDERY AND SCREEN PRINTING FIRM in West Yorkshire for Sale.

Well known and highly regarded logo embroidery and screen printers, first established back in 1992 and with an enviable reputation for their high level of customer service and flexibility. Run from its own premises in Ossett, near Wakefield West Yorkshire, with a workshop of circa 5,000 sq ft, on a land site extending to approximately 0.28 of an acre. The land has good potential for redevelopment, subject to acquiring planning approval. Specialising in logo embroidery and screen printing on clothing for many sports clubs, the construction industry, as well as having the flexibility to do short urgent runs for charities and organisations. Run by the owner and a small team of skilled and reliable staff, the business attracts annual sales of circa £180,000 (excluding VAT), producing excellent adjusted net profit of £67,000. A comprehensive range of plant and machinery is included in the sale, as well as the business goodwill, client list and forward order book.

Traditional brick built, workshop property extending to approximately 5,000 sq ft and on substantial grounds of approximately 0.28 of an acre. Ground floor workshops, plus first floor office. Ground floor areas include a design room, embroidery room, delivery bay with roller doors, large open plan printing workshop floor, dark room, second office, staff canteen area and washroom. Recently installed workshop heating system. Three phase electric.

Although a well-known company in the industry, there is still a colossal amount of demand and potential for ambitious new owners to tap into. The business does not advertise or promote itself on any social media portals, it does not even have its own website! All business comes through via word of mouth alone and many repeat customers. Enterprising new owners with an aggressive approach to targeting and tendering for new business will undoubtedly reap great rewards. Offering its own line of logo wear on an online portal could also prove to be a very profitable bolt-on.
EPC Band D.
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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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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

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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 'Service Industry For Sale in Wakefield - 590072 / 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.