Embroidery, Branded Apparel and Promotional Products – North West, VICTORIA

$ 320,000
Price: Offers Over $320,000

Description

Low Risk Business Opportunity with Excellent Returns and Yearly Growth – $485,000

Established in 2014 by the current owners the business provides in house embroidery services along with a wide range of branded apparel and personalised products. The business is part of a well-supported franchise, with over 50 stores Australia Wide and 350 stores globally, and offers a professional and personalised service, quality apparel and fast turnaround times.

This business is conveniently located within minutes of the freeway and offers a wide range of apparel for all industries including: Construction, Corporate, Medical, Hospitality, Sport, Schools and more.

Business Highlights:

  • The business trades 8.30am to 5.00pm Monday to Friday
  • Premises includes onsite showroom for clients to view the range
  • Excellent location within a busy business park and 5 minutes from Western Ring Road.
  • Regular Repeat Business and Clientele with a database of over 2000 contacts
  • Affordable rent (currently $3100 pm) 4% increase per year
  • Lease options first term of 3+5+5 (3 years ends 1st March 2021)
  • Average order $783 – Minimums involved
  • Franchise – support / can use any supplier/ manage your own sale price
  • Low Franchise fees 6% – Low Risk
  • 50% Deposit taken at time of order with remainder paid on pick up of order.
  • No Stock kept other than samples in the showroom
  • Machines still under warranty – 5 years to March 2020 and well maintained with records
  • Social Media / Website / Google my business referrals / Linkedin in all set up
  • A fully paid two-week training period in the US is required and provided.
  • No experience necessary as all training will be provided to the new owner to ensure a smooth transition.

The current owners have built up this successful business over the years and are now looking to hand over the reigns. With all the systems and procedures in place, hard work and risk in the past, they look forward to seeing it expand under new ownership.

Price: Offers over $320,000

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