Business ID: XB157445
TURNOVER: $400K GROSS PROFIT: $245K REGULAR WORK
Tightly held by the owners since 1999, RT Workwear Clothing and Embroidery is a successful and profitable business in sought-after South Australia. The business is well set up to offer customers retail menswear, embroidery, iron on prints, and DTF prints (identical to screen printing).
Income is a given with regular contract embroidery work bringing in over $10K per month at 95% margin! This foolproof business offers great gross profit, pays for 2 salaries, vehicles, rent and all other overheads and is still able to bank money!
BUSINESS HIGHLIGHTS:
- Workwear clothing retailer, providing embroidery and printing services in house
- Spacious premises (approx. 180sqm) in a group of shops on a busy main road
- Plenty of passing traffic plus regular repeat tradie business and school clients
- All machinery is owned and paid for no finance in place
- 3 embroidery machines capable of doing garments and caps plus 2 printers one to produce films iron on prints, the other to produce DTF prints
- Ongoing contract embroidery and print work from 4 different retailers creating regular work and over $10K per month at 95% margin
- Assets include a Tajima 8 head embroidery machine (approx. Value $40K), Barudan 6 head embroidery machine (approx. $10K), Bai 2 Head Cap embroidery machine (near-new, approx. $12K), Epson F2000 DTF printer ($10K), Epson S40600 SURECOLOR wide-format printer for film prints, iron on transfers ($15K), 3 garment heat presses, 2 x caps heat presses, and more
- Up to 2 months' training as required Owner retiring
Perfect investment for a buyer with a clothing/textile industry background. Opportunities to expand the business by extending trading hours and employing a salesperson to chase new business.
PRICE: $180,000 + SAV (APPROX. $30,000)
Property Code: 4045
