Sold

Rare And Exciting Embroidery business.

Preston, Lancashire

£49,995 +SAV

Ref: B04481

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Description

Hilton Smythe are welcoming to the market Stitch, a specialist embroidery, print and clothing sales company which was founded by our client in 2013.

Only now is the business coming to the market as our client is looking to spend more time with her young family.

Stitch offers services of,

• Embroidery,
• Clothing sales including workwear,
• School uniforms,
• Sportswear, etc.

Printing and promotional products such as,

• Mugs,
• Pens,
• Bags,
• keyrings, etc.

The business has had a growth in turnover each year since establishment.

Our client advises most business is around school uniforms, workwear, and sportswear. The company boasts a great reputation in the area, due to the quality of the products offered and the fast-reliable service they receive, our client advises around 90% of workload is repeat trade and recommendations.

A hand over period will be offered to ensure the continued success of the business and to introduce the buyer to her suppliers.

The business already has a website which is also included in the sale. The website allows customers to browse Stitch’s online catalogue and contact the company.

www.stitchembroidery.uk.com

There is plenty of scope to improve the business such as pushing advertising on social media, creating an Ebay/Amazon shop etc.

There is also scope to increase business by 20% by opening on a Monday.

Early viewing is advised as this is a rare opportunity to purchase such a successful embroidery business, with no competition within the area and lots of scope to increase the turnover should the purchaser desire.

Tenure

Leasehold

We are advised the business is Leasehold with a new Lease negotiable with the landlord.

Hours

Tuesday To Friday 09.00am to 17.00pm

Staff

The business is owner managed and currently has 1 employee and 1 self-employed staff member.

Financial Profile

The business reports a turnover for the last year of £135,349 with a gross profit of £60,168.

Location

The business is located on Bradley Hill Farm, Garstang Rd, Preston.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

The area is also well served by the A-roads, with the A6 being within driving distance of the business, which links to the M6 motorway network.

Premises

Stitch is located within a newly renovated unit situated on Bradley Hill Farm, Garstang.

Ground Floor

Large open plan working area with,

• Display stands,
• Office desk,
• Storage cabinets.

The equipment and machinery included in the sale comprises of,

• 8 head Happy embroidery machine with ample hoops and frames,
• Roland cutter,
• Heat press,
• Mug press,
• A4 sublimation printer,
• Lots of Medeira threads (large range of colours),
• Client book with lots of contacts, designs etc.


WC with wash basin.


First Floor

• Large storage space with ample storage cabinets,
• Leather sofa,
• Coffee table,


Parking at the front and side of the premises.

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