ID: TTQY1052GH

Manufacturing - Wholesale - Uniforms - Distributors - Brisbane South

Brisbane South,
QLD, 4119, Australia
Price: $450,000
Manufacturing - Wholesale - Uniforms - Distributors
  • Takings (p/w): $40,000
  • Rent: $1,890
  • Net Profit: $6,420

Manufacturers - wholesalers supplying uniforms and workwear to schools, community and sporting clubs, major clothing label companies, corporates, and distributors / wholesalers of workwear and uniforms - Majority of garments are manufactured overseas with minor embroidering on site.

Potential

Could do more online promotion and expand client base.

Features

Diverse clientele. - Producers of high quality workmanship garments with reliable on time deliveries. - Established 20 years

Premises

Two industrial warehouses with areas of 382m2 and 374 m2 plus 9.4m ceilings.

Location

Situated in Brisbane South industrial estate, near major motorways.

Hours

5 days - Mon. - Fri. - 8.30 a.m. - 4.30 p.m.

Lease

Business owner is also the landlord - A new 3 + 3 or 5 + 5 lease will be offered.

SaleReason

Retirement.

Employees

2 owners + 1 full timer + 20 casuals.

Comments

This Australian owned and operated textile manufacturing business is based in Brisbane and supplies customers Australia wide - Great opportunity to purchase a well established and well known school uniform, sportwear & workwear manufacturer & wholesaler.

Additional Information

Cost of Goods: NA
Gross Profit: NA
Rent: $1,890
Outgoings: NA
Wages: $4,000
Insurance: $40
Electricity: $90
Gas: NA
Miscellaneous 1: NA
Miscellaneous 2: NA
Total Expenses: NA
Net Profit: NA
Estimated Stock: NA
Equipment: $60,000
More Business

Enquiry

Confidentiality Agreement for the Business Between GBE (Global Business Exchange) and * (Interested Party) this must be an individual’s name, NOT a company name

In consideration of Global Business Exchange (being any or all of -, Redfin Partners Pty Ltd entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me by Global Business Exchange and specifically the Listing currently being enquired. I/We hereby agree and undertake as follows:

To treat as totally confidential the identity of the business (es) disclosed to me and any details as to its operation or financial accounts;

Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor whoshall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Global Business Exchange;

Not to make an approach to the Vendor of any business disclosed to me by Global Business Exchange, or the business’ staff, customers or suppliers without prior arrangement with Global Business Exchange and to refer all queries through Global Business Exchange;

We acknowledge that Global Business Exchange is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office.

If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to -, Redfin Partners Pty Ltd as the case may be;

If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Global Business Exchange against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach.

That all information is received for no other purpose than the evaluation of the investment potential of the business;

If I decide not to proceed with the investment, I agree to immediately return to Global Business Exchange all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);

Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.

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