Business Summary

This one owner business was established in 2001 and from humble beginnings has evolved to a million-dollar enterprise today.
The business offers a huge range of custom and brandable promotional products and clothing. It comes with the very best levels of plant & machinery including 4 and 6 head embroidery machines, Roland printers, and most importantly and a huge database of repeat customers.

After some 22 years of successful trade, the business enjoys high brand recognition and continues to grow on the back of strong relationships and repeat business within the corporate sector including blue-chip companies. It boasts preferred supplier status among the likes of Newcastle University, Local Councils and many Government agencies.

Location is an inner city Newcastle suburb on a main road, high exposure setting with rear street access to warehouse area for inward and outward bound goods. A fresh lease will be created with year 1 rent at $60,000 plus GST plus outgoings.

Sales for the 2022 Financial year $1,348,928.53
An average net profit of $165,516 over 5 years.

The workforce is highly motivated, skilled and includes a General Manager, embroiderers, graphic designers, bookkeepers & more.

Sale Price $650,000 WIWO

For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://forms.gle/P8FT5eqn8rkoatmr6

Property Details