Listed by:
Turner Butler Business Broker
1/1
Rectification and garment processing services provider to the clothing industry
Turner Butler has been appointed to invite offers for purchase of 100% of the shares in a Limited Company specialising in rectification and garment processing services.
Key strengths:
The Company has the following key attributes:
• widely recognised as one of the best, if not the best, operator in its sector
• blue chip Client base including major supermarket chains, mail order companies, fashion and sportswear retailers
• strong on-going Client relationships
• strong second tier of management
• loyal hard working staff with high levels of technical ability
• purpose designed premises.
The Company provides an acquirer with:
• a very well established, profitable business which has performed consistently well throughout its many years of operation
• a business with all the systems, processes and equipment in place and the capacity to grow significantly over the next few years.
With over £300,000 spent annually on transport costs, the business will be particularly attractive to an operator within the freight/logistics sector.
Financial performance:
For the financial year ending June 2011, the business achieved a turnover of approximately £3.385m, generating a gross profit of approximately £1,158,000 and a pre-tax net operating profit of £203,000.
As at the end of September 2011, the Balance Sheet, adjusted to take into account the value of Goodwill, stood at £568,643.
For more information about this business for sale, click the Contact Seller button.
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