Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Clothing/garment Processing Company
LISTING DETAILS
Firms For Sale ID:
30173
Vendor reference:
AB214
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£350,000
Turnover / revenue:
£1,260,000
Net profit / cashflow:
Undisclosed
Years established:
15
Trading hours:
Monday – Thursday: 07:00-17:00
Friday: 08:00-14:00
Number of employees:
32
OTHER DETAILS
Reason for selling:
One of the directors is now looking to retire. The other director may consider staying on for a further period should a new owner so require subject to negotiation.
Support and training:
The vendors will provide a comprehensive handover to ensure a seamless transition of ownership. This should be a relatively simple process as the business has an excellent team in place.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from ideal leasehold premises. Current lease is a 5 year one. The premises comprises circa 42,000 square feet production/warehouse with offices, reception area, canteen and toilets.
BUSINESS DESCRIPTION
Clothing/Garment Processing Company
60,000 square foot turnkey warehouse and processing unit
Ref.AB214
Location Cheshire
Asking Price £ 350,000
Turner Butler are delighted to bring to market this very well established and professional garment processing operation that serves some of the biggest clothing names on the UK High Street.
The company which has been built up over 15 years provides a full turnkey processing service to importers, manufacturers and retailers within the clothing and garment industry. It has a large regular client base and enjoys excellent working relationships with these customers.
The vendors have invested in the operation year on year and can cater for the most demanding customer requirements under the one roof. The business offers a comprehensive service from receipt of goods, unpack, hang, steam, hand press. Kimbal and pick and final repack. The complete operation is housed within one large production and warehousing facility ideally located near to the major road network.
The range of comprehensive services the company can provide are listed below:
Unpack and repack Steam tunnel Tagging Studding
Labelling Handpress Barcoding Bagging
Pick & pack Boxing Samples Hanging
Screen printing Sewing Alterations
Expansion Potential
The business has grown since inception and is now consistently achieving sales revenues in excess of £1.2million per annum. Even though this business is perceived as a big player in the market it still has less than 1% of the UK market so there is huge scope to grow the business. The current infrastructure of the business is such that the business could easily accommodate growth and achieve revenues in excess of £2 million p.a.
Market / Competition / Non-Competition Agreements
The business does very little in the way of advertising and marketing. It does have a basic website for information but most of its work comes via repeat business, referrals and recommendations which bear testimony to the quality of work it provides.