Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Sold. Manufacturers Of Single & Double Jersey Fabrics
LISTING DETAILS
Firms For Sale ID:
12367
Vendor reference:
JE012
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£145,000
Turnover / revenue:
£575,000
Net profit / cashflow:
£43,000
Years established:
5
Trading hours:
The company works whatever hours necessary to fulfil its business commitments.
Number of employees:
3
OTHER DETAILS
Reason for selling:
Retirement
Support and training:
The Managing Director would be happy to stay on to hand over and help the new owner in any way he could.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Current rent paid is approx. £5,400 per annum, with Rates paid being approx. £2,200 p.a.
BUSINESS DESCRIPTION
Jersey Fabric Manufacturers
Ref.JE012
Location Leicestershire
Asking Price £ 145,000 plus SAV
Established in 2006, this company has traded on its reputation for maintaining a consistent quality of manufactured fabric through a programme of high maintenance of its machines. Its Directors hold a great knowledge of the fabic manufacturing industry and would be very willing to help the new owner(s) to establish their trading practice in any way they could.
Expansion Potential
A good opportunity exists within the framework of this business to greatly increase its turnover and profitability, by the application of fresh energy and a more direct contact with the marketplace and the introduction of more marketing outreach