Asking price: £90,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: £10,500

Stock value: Undisclosed

Business description
This well-established manufacturer of canvas and textile products for the marine industry is situated in a popular and busy marina boatyard location in Plymouth, South Devon. The business specialises in sail repairs and the production of high quality products such as boat covers, dodgers, sails and spray hoods both standard designs and bespoke commissions. Occupying ideal, bright and well-equipped first floor leasehold premises in the heart of this busy marine environment the business is ideally positioned to service the needs of local boat owners and trade customers alike. The business is well known and supported locally with many repeat customers and it enjoys a number of ongoing preferred trade supplier agreements. The business is now offered for sale as a going concern on a confidential transfer basis and represents a superb opportunity. Full training will be provided including an extended period of support if required. Genuine reason for sale, contact First Peninsula Commercial for further details.

Years established: 9

Employees: Owner + 2 Full Time & 1 Part Time

Trading hours: Monday to Friday 8am to 4pm & Saturday 9am to 12noon

Property: Leasehold

Lease terms
Commercial Lease renewable in 2014. Worshop unit size 812 sq ft.

Location
This well established business is situated in a popular and busy marina boatyard location in Plymouth, South Devon.

Expansion potential
There is plenty of scope for further development of the business including an increase in production, expansion of the product range and cross-industry diversification.

Support & training
Full training will be provided including an extended period of support if required.

Reasons for selling
Genuine Reason for Sale

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