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SOLD! Profitable Business with Repeat Customers for Sale – Melbourne

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SOLD! Profitable Business with Repeat Customers for Sale – Melbourne
Priced to sell. Annual Income to Working Owner of $150,000. Sale Price $190,000.

Business Sale Price:

$190,000

Business ID: BS144043
Location: Melbourne
Type: Service

SOLD
$190,000
Business For Sale Xcllusive Business Brokers

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SOLD! Profitable Business with Repeat Customers for Sale – Melbourne

With the significant increase in the recent workload from businesses and schools for 2021, this is unfortunately taking a toll on the heath of the current owner and has accelerated their plans for retirement.

This is now your opportunity to step into a profitable 70-year-old business that provides a complete embroidery service for small and large, local and national businesses, TV shows, sporting clubs, schools and individuals.

With the latest in embroidery technology and the highest quality products, the business is well equipped for all embroidery requirements including replicas for TV shows, business logos and badges, school pockets, sportswear, uniform and work wear needs. It is setup to take on short run embroidery needs as well as larger runs, including contract embroidery.

Business Highlights:

  • Continue as the owner/operator, or hire another machinist.
  • Focus on growth, using honed management skills to full benefit.
  • Easy to learn, easy to run (4 weeks handover is all it will take).
  • Additional support is available through the machine manufacturer.
  • Long-established, with a high number of repeat clients,
  • Mixed with walk-in and occasional work, servicing 200-250 customers on average per year.
  • Diverse range of clients, including local and national companies, TV shows, sporting clubs, small and large businesses, and schools.
  • Referral based business.
  • Well known for quality workmanship.
  • Excellent base, with real opportunity to grow.

Even though the current owner is looking to retire ASAP, training will be provided to the new owner for an agreed period of time.

This is an ideal opportunity for:

  • an individual or family to step into business with a proven history
  • as well as “bolt-on” to for an existing complementary business looking to expand their client base and service offering.

An opportunity for those seeking for a business in an industry that they can learn and grow into the future.

Asking Price: $190,000

Details

Subheading : Priced to sell. Annual Income to Working Owner of $150,000. Sale Price $190,000.
Business ID : BS144043
Price : $190,000
Search Locations : Melbourne
Search Type : Exclude Hospitality, Service
Price Range : $1 - $500,000
Status : Sold

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