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Uk Dancewear Manufacturing Company For Sale

London, UK
Asking Price:
£99,950
Turnover:
£250,000
Net Profit:
£50K - £100K

Well established UK company manufacturing dancewear costumes warm up clothing for professional ballet dancers students of ballet and recreational dancers of all ages having a team of dancewear designers cutters sample makers and machinists working for many years producing high quality dancewear for customers worldwide. Operating for over 25 years from fully fitted and equipped premise in London secured on a lease the business turnover last year was around £250,000 with a gross profit yield in the region of 65% operating with 10 part time staff and the owner who is only selling now due to retirement. The business which has around £60,000 of stock operates 9.00am to 5.00pm Monday to Friday and offers any new owner an opportunity to substantially increase the present turnover.

Property Information

Property:

Leasehold

Lease Terms:

A new lease will be granted to a new owner

Leasehold Rent:

£22,500 per annum

Location:

The business operates from a business centre in London

Premises Details:

Various rooms used for cutting, designing, storage and WC and Kitchen

Business Operation

Reasons for selling:

Retirement sale

Trading hours:

9.00am to 5.00pm Monday to Friday

Employees:
10 part time staff
Years established:
25 years

Other Information

Support & training:

Full support and training will be given to any new owner

Financing available:

Hurdley & Co can introduce you to various business brokers depending on your circumstances. We have built up a good relationship over many years and have every confidence in them to provide you with a first class professional service please telephone us for contact details.

Inventory / Stock value:
£60,000
Related Documents:

Contact Hurdley & Co

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