 | Embroidery & Sports Wholesale Business South Wales, United Kingdom Advert ref: U.0.200.W. Business description
A well established & successful business supplying complete sets of sports kits with logo's or sponsors names, etc, added to them either by embroidery or printing. Schoolwear is also embroidered. The business is equipped with high speed computer contolled embroidery machines & heat printers.
All sports goods are supplied on a wholesale only basis.
Years established: 20 years
Employees: Vendors + 4 Full Time employees.
Trading hours: 5 day week
Property: Leasehold
Lease terms
The property is held on the balance of a 10 year lease from March 2006 with 5 yearly rent reviews. The current rental is £12,500 PA.
Location
The business occupies a traditionally built steel framed, metal clad industrial unit of approx 185 sq metres (2,000 sq ft) on a large industrial estate on the ouskirts of a large town in South Wales
Expansion potential
The business has grown to its present size purely by recommendation (including exports to Russia & Spain) with no advertising, so opportunities still exist to grow sales, space is available in the factory for more machines.
Support & training
as required
Reasons for selling
semi-retirement
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| | Financial details Asking price: £200,000
Sales revenue: £300,000
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: £30,000 |
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