CoGoGo is delighted to welcome to the market T M Clothing, a highly rated clothing business.
T M Clothing was first established by our client in 2008, building up an excellent reputation and regular client base.
The business has now come to the open market due to our clients desire to retire. The sale of the business includes the stock and equipment (currently IRO £45,000 for stock and £108,000 for equipment).
T M Clothing is one of the leading suppliers of logo uniforms, work clothing, office attire, and branded giftware in the country. The business is a preferred supplier of many institutions, including the United Nations, The Goodwood Estate, and National Express, with many blue-chip companies in their customer database, which include The Royal Opera House, South Downs National Park, Ipswich Bus Company, O&G Facility Management Company, Local Councils, Brittany Ferries, Chichester College, Domino Pizza, MOD uniforms, and KFC & Costa providing the logo uniforms for all.
The business has over 2,000 company contacts and can offer full-body clothing, from t-shirts to industrial overcoats and work boots. The business also specialises in branded giftware and has a wide choice of souvenirs, including branded bags, pens, desk ware, clocks, stationery, key rings, magnets, torches, mugs, water bottles, glass ware, soft toys & confectionery.
The current sales for July 2023 are scheduled to achieve in the region of £200,000, with a 40% gross profit. T M Clothing has previously reached turnover levels in the region of £2,000,000.
Key selling points:
Large database of over 2,000 previous clients
Very good reputation in this field
Scope to improve:
New advertising campaign
Business development/direct marketing
Social media presence
Relocation/new efficient unit
Asset list:
8 x Amaya XT single-head, 16-needle, modular embroidery machines Replacement value (each): £10,000
1 x Production PC + Amaya embroidery machine software; replacement value: £2,000
All associated framing equipment for embroidery machines, including cap-frames Replacement value: £5,000
Stock of embroidery threads and backings; replacement value: £1,500
1 x Schulze XXLs Tee/Sweatshirt Heat Press Machine with small & large plates; replacement value: £900
1 x Stahls Hotronix Cap/Hat Heat Press Machine, Replacement value: £750
1 x Apple iMac 27" computer with design software; replacement value: £2,500
1 x Apple Mac Mini with Server software (server) - Replacement value: £850
1 x JobPro business software suite; replacement value: £1,200
1 x Apple Mac Mini + Monitor (admin); replacement value: £900
1 x Graphtec CE3000-60 CAD Vinyl Cutter (+ stock of vinyl) Replacement value: £2,500
1 x Toshiba eStudio 2050c Color Photocopier, Printer / Scanner; Replacement value: £1500
2 x PCs + Monitors and Printer (admin/bookkeeping) - Replacement value: £1000
All office furniture (desks, chairs, cabinets, etc.) as seen in photos; replacement value: £1,750
Various professional display ladder stands and accessories for showrooms and exhibitions; replacement value: £1000
Complete Exhibition Kit, Replacement Value: £12,000
Financial Profile
Further financials can be made available upon request.
