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Supplier Of Embroidered And Printed Workwear/uniforms, Personal Protection For Sale

West Yorkshire, West Yorkshire
Asking Price:
£100,000
Sales Revenue:
£303,000
Cash Flow:
£45,000

Supplier of Embroidered and Printed Workwear/Uniforms, Personal Protection Equipment, Safety Footwear & Safety Signs
Turner Butler has been appointed to invite offers of purchase for this established and highly reputable workwear/uniform outlet that has excellent infrastructure (inc. online website, catalogues etc.), highly desirable customer base and a strong local presence.

Business Profile
This well established family business was set up by the current owner some 9 years ago and is now regarded as one of the region’s leading suppliers of Workwear, Uniforms, (including PPE and promotional), Safety footwear, and basic equipment and consumables to a broad range of commercial and retail clients.

Whether it’s full uniforms fully embroidered or printed Polo shirts, footwear, safety wear and wet weather wear, PPE products or the latest in work wear, this is the place to come. The company has access to a full in-house print and embroidery service that utilises the latest technology to provide rapid high quality turnaround.

This business is literally a ‘one stop shop’ for all sectors of UK industry and can count on large ‘blue chip’ corporates and Public and Local authorities amongst its customer base. The business has literally hundreds of regular customers with a very good spread in terms of size and sector.
Operating from a prime retail location in the town the business is ideally placed with easy access to and from the national road network.

The company promotes good quality brands and has a good range of stock readily available. The business sources from both stockists and importers. If product isn’t readily available this business will source it! All of the staff are knowledgeable, professional and pride themselves on delivery. Not just limited by what’s available on the database, or in the catalogues, the ability to source anything from anywhere is ingrained in all staff and the cornerstone of the success of this business.

Nowhere is this dedication to customer service better exemplified than in its increasingly important sales of uniforms and workwear. Offering a complete workwear service – from sourcing right through to delivery of the finished item, this business is often called upon to personalize designs, tailor-making them, whether it’s the design itself or simply the logo to the most exacting of customer requirements. From Hi-Viz jackets to safety boots, polo shirts to coveralls this business offers a comprehensive, quality work wear range at highly competitive prices.

With annual turnover for this site in the region of £300,000 this is a very successful and profitable business with good positive cash flows.

Equipment:
The business has its own bespoke database. Sage ACT and stock control software so that it can carry out its duties efficiently. It utilises the in-house embroidery and printing facilities its sister site owns to provide a full turnkey solution to its clients. The vendor is happy to continue this successful service with the new owners.

Key strengths:
With a bespoke CRM database and unique sales techniques this business is one of the region’s leading suppliers to industry specialising in uniforms, PPE and workwear. The stock carried by this business is both extensive in its range and depth. However it is the ability of the business to source what its customers require, speedily and cost effectively which has helped it establish an enviable reputation in the marketplace. It is this personal level of service that sets this business aside.

Customers are always offered helpful and friendly service from the experienced staff, resulting in a high percentage of repeat business. Its excellent location with easy access to a major motorway encourages personal visits especially from some of the smaller customers keen to pick up the necessary equipment on the way to a job. This very successful business features a constantly growing base of satisfied clientele and accounts.
There is constant high demand for its products and accessories, leading to a consistently strong financial performance, making this Company an exceptional investment opportunity.

Key Opportunities:
Having achieved impressive growth since it was established the business has built up an excellent reputation within the surrounding area. There is plenty of scope for expansion within the existing market as the company has very strong supplier relationships that ensure they offer the most up to date in demand products to clients.

Advertising could see an increase in contracts and revenues and this would support the company to build on their reputation and profits. Turnover and revenues could also be significantly increased by increasing and developing their customer database and portfolio as well as increasing their internet presence.

The company could expand further by increasing sales within the Janitorial Supplies, Leisure and Promotional industries. It would make an ideal bolt on to companies already in these or similar spaces.

Financial performance:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business achieved turnover of circa £303,000 per annum last financial year.
Resultant gross profits circa £136,000 per annum (45%).
Operating profit prior to upward adjustments was circa £45,000 p.a.

Equally impressive figures have been posted over previous years as the business enjoys high levels of repeat business from its loyal blue chip customer base.

There is huge potential to develop this business further. As already mentioned, the vendor is pretty much reactive in their approach to business these days and there is huge scope to maximise additional opportunities that exist within its current customer base and beyond.

Property Information

Property:

Leasehold

Lease Terms:

Current Rent is circa £16,000 p.a.

Premises Details:

The business operates from leasehold premises with excellent access to the road network. The business has excellent frontage boasting a triple fronted prime retail location on a busy main road with large footfall.

Business Operation

Expansion Potential:

The market for workwear is growing. It is becoming more and more important for companies and their staff to portray the correct corporate image. This market is also supported through legislation in the way of health and safety and this presents ongoing opportunities to the business in the short, medium and long term, such is its wide and varied client base.

Competition / Market:

The business does very little in the way of self-promotion and marketing, preferring to rely on repeat business and referrals to generate sales. However it does have its own catalogues and website. There is huge scope to increase its exposure should a new owner so require.

Trading hours:

Mon – Fri - 8 – 5pm
Sat – 9am – 12

Employees:
04
Years established:
09

Other Information

Support & training:

The current owner would be happy to provide full training and support at handover and may be prepared to stay on for a further period should a new owner so require subject to negotiation.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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