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SELECTION: For sale, Palma, Palma City, Non Catering

Yachting Clothing Company for Sale

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Sales Price:
Currency convertor € 50,000
Rental Price:
Currency convertor € 601
Transaction:
For Sale/For Rent
Business Type:
Non Catering
Term:
Yearly Renewable
Tenure:
Leasehold
Area:
Palma
Reference No.:
b3429bs
View:
NA
Location:
Palma City
Front line:
NA
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Reference No.: b3429bs
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For the purposes of this calculation we have automatically entered 60% of the purchase price as the loan amount at an interest rate of 3.5% payable over 15 years, but please feel free to change any of the figures according to your needs.

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Property Description

During this time it has established a reputation of excellence and boasts a portfolio of hundreds of clients including some very well known and prestigious names. 
Currently run hands on by the very hard working owner this is a very personable business and would ideally be suited to a couple who are friendly and sociable as well as organised and hands on. Hours are for the most part Monday to Friday day times only aside from when a huge order comes in when a few more hours might be needed! 
The business is run from leased premises in the Palma vicinity with easy access to the local marinas and businesses. Also included in the price is all equipment and machinery, computer and stock with the approximate value of 20,000€. There is also a brand new car, which may be negotiable at the time of sale.
With a reported annual income of between 190,000€ and 240,000€ and profit at 40% this is a very lucrative business indeed.

COMMENT: A superb opportunity to take over this thriving business with a proven track record and yet still more room to grow!

Our multi-lingual staff would be delighted to show you the premises and guide you through the buying process, free of charge to you as a potential buyer.

Established since 1997 this Uniform Business is now in its 15th year providing specialised yachting clothing, leisure wear and work wear to the nautical community and local industry.

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