Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Sold. Workwear/schoolwear/sportswear Supply Co In-house Embroidery & Print Service

LISTING DETAILS
Firms For Sale ID:
34847
Vendor reference:
AB244
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£220,000  
Turnover / revenue:
£553,000
Net profit / cashflow:
Undisclosed
Years established:
20
Number of employees:
3
Employees / staffing:
The business model has been developed in such a way that it is a very simple business to run. It is a family run business with both directors working in the business, one predominantly on sales and operations, the other more administration. The business also employs a full time machinist, printer and designer/machinist. It also employs a part time driver and additional part time machinist/receptionist.

OTHER DETAILS
Support and training:
Vendor will provide a comprehensive handover to ensure a seamless transition and continuity of trading, and may consider staying on for a further period should a new owner so require, subject to negotiation. This should be relatively straight forward based on the current business model.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business is currently run from leasehold premises. The current operation is run from a 3 storey double fronted building which houses the offices, warehouse, workshop etc. It is located in an industrial area. Rent is circa GBP 9,600 p.a. We are advised the business benefits from nil band rates.
 
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BUSINESS DESCRIPTION
Workwear/Schoolwear/Sportswear Supply Co
Inhouse Embroidery & Print Service
Ref. AB244
Location : Humberside
Asking Price : GBP 220,000
This well established and highly respected business has been trading successfully for some 20+ years and specialises in the supply of personalised workwear, uniforms, school wear and sportswear from highly reputable suppliers. The company supplies customers via its online ecommerce website and via traditional channels and can boast an impressive and growing customer base that includes schools, public bodies including NHS, national companies as well as having a strong presence within the local commercial market place. Sectors it serves includes automotive, logistics, construction, facilities management and healthcare. The company invested in an excellent secure ecommerce platform several years back and more and more customers are migrating online month by month which is making the business operation even slicker and more efficient.
Sales are broken down as follows:
Workwear circa 58%
Schoolwearcirca 35%
Sportswear circa 7%
The company provides a full turnkey operation as all embroidery and printing is carried out inhouse so as to maintain quality and service.
Their client list is vast (in excess of 2,000 historical customers).The company has a strong presence in the education sector and enjoys excellent levels of repeat business from local schools and clubs. The business has continued to invest in its own internal infrastructure and as such can cater for a large range of order sizes and bespoke requirements and as such offers a huge range of solutions at extremely competitive prices.
The business has long established supply agreements in place to access many of the main brands within the market and this enables them to keep abreast of new clothing ranges as and when they are available to ensure clients current and future needs are maximised. Full catalogues are on the website so customers can browse and order easily.

Expansion Potential
The business has expanded and enjoyed steady growth over the years, however, it still
has widespread opportunities for further growth and development not least in the Business to Business (B2B) market. The company has never really carried out any marketing and could certainly increase its exposure both online and offline.

There is a vast range of additional complimentary product possibilities that would be superb additions to the business for increasing its online sales.

The brand and reputation has been forged. The company is ideally positioned for a new owner wishing to expand the business and take it through its next natural period of growth and increased profitability. There are many avenues to develop this.

Integration into an existing e commerce operation would also be straightforward.

As well as the above the business could develop a more sophisticated online sales and marketing campaign to develop the company itself and its brand name.

Market / Competition / Non-Competition Agreements
The business has grown organically through reputation, referral and repeat business. As already mentioned the business own website is excellent but it could benefit greatly from some SEO and other marketing activity as to date the business has never felt the need to advertise.