For Sale
Rare And Exciting Embroidery Business In Lancashire For Sale
Preston, Lancashire
- Asking Price: £39,995 +SAV
-
Turnover:
We are advised as per the 2021 accounts, the business generated a turnover in the region of £62,000. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07190
Hilton Smythe are welcoming to the market Stitch, a specialist embroidery, print and clothing sales company which was founded in 2013, with our client taking over in 2018. Though our client has thoroughly enjoyed running the business, it is now time for her to wind down and spend more time with family.
Stitch offers services of;
- Embroidery
- Clothing sales including workwear
- School uniforms
- Sportswear
- Mugs
- Caps
- Bags
- Keyrings
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. https://www.stitch-embroidery.co.uk/
There is plenty of scope to improve the business such as pushing advertising on social media, creating an eBay/Amazon shop etc.
A hand over period will be offered to ensure the continued success of the business and to introduce the buyer to her suppliers.
Key selling points -
- Excellent branding
- Repeat trade
- Outstanding reviews
- Established for over 10 years
- Push advertising
- Embarking on modern marketing campaigns
The equipment and machinery included in the sale comprises of,
- 6 Head high speed embroidery machine with ample hoops and frames
- Roland cutter
- Heat press
- Mug press
- Electronic Till
- A4 sublimation printer
- Lots of Medeira threads (large range of colours)
- Client book with lots of contacts, designs.
We are advised that the business is run and managed by our client, with the help of 1 part-time staff members.
The current trading hours are -
Monday – 09:00 – 16:30
Tuesday – 09:00 – 16:30
Wednesday – 09:00 – 16:30
Thursday – 09:00 – 16:30
Friday – 09:00 – 16:30
Saturday - Closed
Sunday - Closed
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.
Stitch is located within a modern industrial unit situated on Bradley Hill Farm, Garstang.
Ground floor -
- Large open plan working area
- Display stands
- Office desk
- Storage cabinets
- WC
- Work Benches
- Large storage space with ample storage cabinet
Tenure
We are advised that the business is being sold on a Leasehold basis, with the currrent lease on a rolling agreement.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
