Retirement Sale - Established Embroidery Business in Greater Manchester
Tameside, Manchester
- Status
FOR SALE
- Date Submitted:
26/02/24
- Advert ID
607368
- Leasehold: £30,950 (Stock at valuation)
- Turnover: £53,500 (£1,029 Per week)
- Net Profit: On request
Key Features
- Free of Tie Leasehold
- Established Business
- With Car Park
- Company for Sale
- Accounts Available
- Small Business
- Prime Location
- Retirement Sale
Business Details
Embroidery Business in Gtr Manchester for sale due to retirement(PRICE REDUCED)
For sale is a well-established embroidery and garment print business which has been successfully trading since 2005. The business, currently operating from its main road location since 2017, is now available due to the impending retirement of the owner.
The business is supplying work wear embroidered or printed with a company logo. Most of this business is direct with the end user.
Included in the sale of this business are advantageous material assets, such as four single-head multi-needle industrial embroidery machines. In addition, the package features professional embroidery software, plotter, and heat-press. These tools, together with the included software for garment printing, equip the new owner with all that is necessary to run the business. A sublimation printer and a mug heat press further add value to this sale. Moreover, for a complete setup, embroidery and cap frames are also part of the package.
The sale also provides a valuable database of clients.The business has a very loyal group of customers.In addition to this advantageous contact list, full training in all aspects of the business operation will be provided.
The business has achieved its standing with minimal marketing efforts and limited working hours, indicating a great deal of potential for growth. No staff are employed This means there is a vast opportunity for the new owner to expand the business simply by increasing marketing operations.
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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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