Promenade Shirts & Embroidery Limited

Overview

Location
Isle of Man
Sector
Manufacturing
Relocatable
No
Asking price
£75,000

Description

The business was incorporated in 1983 and the current owner has had it for over 10 years.

The owner is the sole shareholder with two Directors.

The business comprises 2 units on Cooil Road where the graphic department, stores, and t-shirt printing happens (these units are owned by the current owner) and then there are the premises that are rented on 4 and 5 Marathon Terrace, Queens Promenade which holds the embroidery department and shop.

Should you wish to purchase the warehouses with the business the owner is happy to consider this and has had a verbal valuation of £750,000 for both.

The asking price without the warehouses is £75,000 including approximately £100,000 of stock.

If you are interested in learning more please let us know and we can arrange a NDA.

Facts and figures

Well Established
Strong Brand Names
Central Location

Thinking about selling?

if you are thinking about selling or ready to sell then let’s talk! We are happy to have an initial consultation to talk about what the market looks like and what the demands are for your type of business and take it from there. Everyone has different reasons for selling and our service is bespoke to allow for all of those scenarios. They could be retirement, ill-health or a planned exit strategy.

I have a business to sell