Hilton Smythe is delighted to welcome to the market this well-established and busy embroidery and printing business, which at present is located within Poole in Dorset.
The business was originally established by our client in 2005 and is only now being offered to the market, due to our client's desire for a well-deserved retirement. The business is e-commerce based, with orders generated from two popular websites and generates a turnover in the region of £107,000 per annum, with a gross profit of approximately 47%.
The websites both offer online ordering facilities and can be located at www.salixembroidery.co.uk, which is for the embroidery arm of the business and www.psclothing.co.uk, which is for the printing side.
Our client offers embroidery and printing services on a variety of clothing and accessories such as jackets, hoodies, polo shirts, fleeces, caps, emergency armbands, charity pin badges and charity wristbands, to name a few. Our client has approximately 52 club and 1,000 local & business customers, plus orders received for stag nights, hen parties, birthdays etc.
The business has built up an excellent reputation within the industry for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by attending more trade shows and approaching businesses for more corporate work. A new owner could also embark on a modest marketing campaign to highlight the goods and services offered.
This is an excellent opportunity for a new owner with drive and ambition, to take this already popular business to the next level; therefore, early discussions with Hilton Smythe must come highly recommended to avoid disappointment.
We are advised our client would be happy to accept deferred payments if the buyer cannot pay in full upon completion.
TENUREWe are advised business only, although new terms on the existing property would be available by negotiation with the landlords.
The rent for the property is £8,532 per annum.
HOURSThe current business premises are open:
Monday - Friday: 9.00am - 5.00pm
Saturday - Sunday: Closed
STAFFThe business is currently family run and managed.
FINANCIAL PROFILEThe business generates a turnover in the region of turnover in the region of £107,000 per annum, with a gross profit of approximately 47%.
Salix Embroidery currently occupies industrial lock-up premises, which is located within the coastal town of Poole in Dorset. The lease on the existing premises is close to expiring, although new terms would be available by negotiation with the landlords, or the business could be fully re-located anywhere within the UK.
The current premises are in an ideal trading location on a busy industrial estate, just off the A3049 (Dorset Way), offering excellent transport links throughout the country.
The business currently operates from a lock-up industrial premises in a prime trading location, although it could be re-located anywhere within the UK.
3 x Brother embroidery machines.
2 x Amaya embroidery machines.
2 x heat presses.
Asus desktop PC.
Canon inkjet printer.
Dymo label writer.
Grills and fittings.