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Fantastic Growing Company
Accounts 31st March 2018
Annual Turnover £559,810
Gross Profit £275,874
Net Profit £102,526
Accounts Available After Viewing
Many Blue Chip Clients
Relocatable Business Opportunity
Extensive List Of Fixtures & Fittings
40% Of Sales Are Online Orders
Enviable Customer Base
Mailing List of 5000 Contacts
REF 6405 – Relocatable Online Embroiderers & Clothing Printers
Blacks Brokers are pleased to bring to the market this relocatable online embroiderers & clothing printers currently located in a busy and much sought after area of Loughborough, Leicestershire.
Blacks Brokers are delighted to bring to the market ------.--.--, an online supplier of embroidered work wear and sport wear. The business has now been trading for over 20 years and in that time has developed a low-cost, web enabled business model. Over its trading history, it has built up an impressive array of customers with blue-chip credentials who account for over 70% of the business, much of it being repeat business. Customers now include Sports Direct, Royal Ascot and the British Wrestling Team to name but a few. The business provides embroidered work wear and sportswear for its clients, it differentiates itself from its competitors by its low-cost base and its ability to turn around an order in a short space of time. For new owners already in the industry this therefore provides an attractive “Bolt-on” acquisition in terms of providing a customer base of many high profile names and inroads to buyers that would otherwise be very difficult to obtain. Furthermore, the business has invested heavily in equipment over the years and now has the flexibility and the capacity to deal with any peaks and spikes that the business may see in terms of supplying demand.
This is a relocatable business and can be operated from anywhere in the UK furthermore, if the purchaser already has staff, much of this machinery will be familiar to them.
REASON FOR SALE
Our vendor has developed a career in Mixed Martial Arts as a trainer and this involves many events abroad. This is now taking up more time leaving the necessary time investment in ------.--.-- somewhat restricted. As their sports career is now moving from hobby to career, the decision to sell ------.--.-- has been made.
The business operates with three full-time members of staff
Draft figures are for management accounts year end 31-03-18 and are summarised below.
Gross Profit £257,874
Net profit £102,526
This therefore represents a tremendous opportunity for an operator already in the corporate clothing industry to access high-profile and profitable accounts. This is guaranteed by the extensive database of existing customers and the current owner is prepared to offer a transitional period to affect a smooth crossover. Profits are strong and there is a valuable balance sheet of modern up-to-date and functional equipment.
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