Established Workwear & Clothing Business in Warrington

Warrington, Cheshire
REF: INT2764

Asking Price:
£125,000
Annual Turnover:
£213,555
Annual Net Profit:
£59,990
Reduced
REF: INT2764
Photo of Established Workwear & Clothing Business in Warrington

Overview

Tenure:
Leasehold
Established:
2005
  • Excellent Reputation
  • Friendly & Professional Team
  • Huge Growth Potential
  • Low Overheads
  • Equipment Included

This is a great opportunity to acquire an established workwear and clothing business retailing a wide range of clothing items such as athleisurewear, loungewear, knitwear, coats, jackets and industry-specific workwear clothing.

Most customers are within a local 15-mile radius of the affluent town of Culcheth, Warrington, but the business also has some regional depots/offices and ships throughout the country.

The clothing company has brilliant relationships with its suppliers at competitive rates, and also a high level of returning customers due to ensuring reliability and great quality of products and service.

The business is ideal for an individual to take over and develop the online side while marketing the company to increase the volume of business or as a bolt-on to an existing embroidery/printers business – the vendor is willing to train and mentor the new purchaser while offering a transition period, if required.

The business is located in a leasehold premises in Warrington, with 4 years on the lease remaining at £6.5K per annum – the landlord is a friend of the vendor’s and rates are negotiable.

The company is owner-managed with 3 part-time staff members and it could run without the owner for around a week with enough planning ahead.

There is around £35K in assets, with 2 embroidery machines and a fully-accessible website through which customers can browse all available products.

There is ample scope for growth within this established business – the current owner hasn’t fully explored the online side of the company, therefore, it would highly benefit from an improved website and social media presence. Additionally, investing in marketing campaigns such as PPC and SEO would also be beneficial.

Previously, the business has very successfully stocked a range of schoolwear, this would be a great option to be reintroduced to widen their product variety and capitalise upon the schoolwear market.

This company would be ideal to be bolted on to an existing operation such as a clothing company or a workwear retailer.

Features

Reputation

  • Google: 4.2

Online Presence

  • Facebook: Yes
  • Twitter: Yes

Location

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  • Residential Location
  • Close to Local Businesses
  • On-Site Car Parking
  • Limited Competition

Property

Annual Rent
£6,500
Annual Rates
TBC
Lease Term (Years)
5
Lease Expiry (Year)
2027
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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