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Dance & School Uniform Manufacturing Business in South London For Sale

Dance & School Uniform Manufacturing Business in South London For Sale
Dance & School Uniform Manufacturing Business in South London For Sale Buy a Dance & School Uniform Manufacturing Business in South London For Sale Sell a Dance & School Uniform Manufacturing Business in South London For Sale Dance & School Uniform Manufacturing Business in South London For Sale for Sale Dance & School Uniform Manufacturing Business in South London For Sale for Sale Dance & School Uniform Manufacturing Business in South London For Sale for Sale Dance & School Uniform Manufacturing Business in South London For Sale for Sale Dance & School Uniform Manufacturing Business in South London For Sale for Sale Dance & School Uniform Manufacturing Business in South London For Sale for Sale

Register to see map and to make an appointment Business located, excellent trading position, Industrial Estate, SW LONDON

Turnover 5,000
Price 99,500

Features

Dance Wear & School Uniforms Manufacturing and Retail Unit

PREMISES 1,249.3ft (116.06M)

5 DAYS OPENING

WELL ESTABLISHED nearly 30 years a dancewear manufacturing business, making dance school uniforms. Experts on performance Tutus making, export to USA. Speciality on making theatre, makers for TV advertising & theatres, movie costumes. Also making sportswear, yoga & pilates. With a motivated team of designers and cutters, cutters manufacturing high quality garments for customers worldwide.

Ground floor 624.6ft (58.03M) consists of cutting area, large rooms uses for storage.

Staff toilet with w.c. and wash hand basin.
Kitchen

Downstairs 2 cutting tables

First Floor 624.6ft (58.03M), Shelving, 20 sewing machines, 3 large cutting machines, large tables

Turnover

WE ARE INFORMED by the owner the turnover currently averages 5,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by a husband & wife team with 3 full time & 5 part time staff.

Trading Hours

5 Day week
MONDAY - FRIDAY inclusive 9am - 5pm

Outside

Parking space for 3 cars.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 3 years in 2020 with reviews every 3 years (next review 2023) at a current rent of 22,500 p.a.

Business Rates from April 2020 7,000 approx. payable (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 99,500 plus STOCK AT VALUATION (80,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 49,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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