Business for sale in Victoria , MELBOURNE
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| Company Details: | Australian Business Sales Corp Pty Ltd |
High Profile Embroidery and Apparel Products business Melbourne “FIRST TIME OFFERED FOR SALE”
Advert Id : 21912
Sellers Ref: (ACE)
Location: Victoria
- MELBOURNE -South-East suburbs
Category: Manufacturing Light
Financial summary
Asking Price: $ 455,000
Sales revenue: $ 470,000
Net profit: Undisclosed
Furniture/Fixtures value: $ 200,000
Inventory/Stock value: $ 60,000
Sales revenue: $ 470,000
Net profit: Undisclosed
Furniture/Fixtures value: $ 200,000
Inventory/Stock value: $ 60,000
Business description
A high profile Embroidery and Apparel Products business located in Melbourne’s south-eastern suburbs. “FIRST TIME OFFERED FOR SALE”.
This high profile business was established and launched in 1992 and current owner since 2006 as an adjunct to a garment manufacturing business which had been operating for many years. As garment manufacturing in Australia was declining due to cheaper Chinese imports the business owners saw a niche market of value-adding to garments and other items with embroidery. The business today has a strong customer base developed over many years of trading. The business operates with modern machines and systems and is dedicated to providing the very best buying experience to customers, both face-to-face and though their secure website. Turnover is approx. $470,000 PA, owner is looking for a change in direction and will consider offers around $455,000 + SAV ($50,000.)
General Information
Years established: 1995
Employees: 4 permanent + 1 casual
Trading Hours:8:00-5:00 Monday to Friday
Employees: 4 permanent + 1 casual
Trading Hours:8:00-5:00 Monday to Friday
Other Information
Competition: someExpansion: Unlimited potential
Support Traning: as required
Reason Selling: time for a change
Lease Terms: 5 years + 5 year option
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