High Turnover Schoolwear & Workwear Wholesaler & Retailer, Scotland 2693

Leasehold £1,650,000

This is a rare opportunity to acquire one of the leading school wear and work wear wholesalers in the UK.

Annual net turnover of over £1,000,000 with an excellent gross profit margin in excess of 40%.

Well established manufacturing supply chain producing own brand garments which account for almost 50% of sales.

Sales approximately 50% school wear and 50% work wear.

Type of business
This is a rare opportunity to acquire one of the leading school wear and work wear wholesalers in the UK. Well established manufacturing supply chain producing own brand garments which account for almost 50% of sales. Sales approximately 50% school wear and 50% work wear. Well developed regular customer base of resellers accustomed to buying wholesalers own brand products together with own retail sales. In house embroidery and print services adding additional value to core garments. Recently acquired 3 year uniform supply contract with large national company. The business is only offered for sale due to the current owners wish to retire. Business, leasehold interest, stock, fixtures and fittings for sale at offers over £1,650,000.
Premises
Spacious leasehold warehouse facilities extending to 4,300m2 at attractive rent.
Financial information
Annual net turnover of over £1,000,000 with an excellent gross profit margin in excess of 40%. This is a well established and profitable business which has significant potential for further growth. Stock at cost on hand around £1,400,000.