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Marine Focused Embroidery Business In North Mallorca For Sale

North Mallorca, Mallorca, Spain
Asking Price:
€65,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
Under €100K
Net Profit:
Available on request

At Green Point Commercial Property we are pleased to bring this great long-standing business to the market, The embroidery business is a great opportunity with lots of growth potential.

A rare opportunity to purchase an established embroidery and bespoke clothing business; shortly to become available due to retirement. Established in 2004, the business has continually grown and diversified under family ownership.

The premises is located in one of the North's most prestigious Marinas in the magnificent surroundings of North Mallorca, which is ideally situated to allow the business to provide a vast range of nautical products to the local yachting fraternity.

However, it is not just limited to the North as they supply boats in most of the Marinas in Palma and around the Island.

The business's main line is to supply personalised crew uniforms, fender covers, dock/jetty mats, and towels and specialise in customised/tailored bed linen. The latter is where they are unique against the competition, offering an "own garment" embroidery service. Situated in this increasingly popular area, surrounded by bars and restaurants and benefitting from the ever-increasing growth in tourism, they also supply to the hospitality sector and small/medium businesses, both local and island-wide, a vast range of embroidery, vinyl or screen-printing services.

There is plenty of interest and huge potential to expand the vinyl service beyond just clothing, to window and boat graphics. They have on-site facilities for vinyl application to garments plus sublimation of photographs onto items such as T-shirts, mugs, coasters, bags etc.

The business comes with all the equipment required to go forward and as well as a company vehicle to deliver the finished products. The equipment includes a Barudan embroidery machine & vinyl plotter/cutter, A3 size & ceramic mug heat presses and various printers, all with associated software programs as well an extensive library of designs collected over the years. 

The total assets which come with the business come to over €25,000 in total which allows this business to be turnkey from Day 1.

The current owners want to see this business continue to thrive and grow so they are willing to spend as much, or as little, time with the new owners to ensure a smooth transition.


With a proven track record and an excellent reputation, built up by the current owners, everything is in place to acquire a thriving bespoke turnkey business.

This a great little business with a genuine reason for sale, a full set of accounts are available for those buyers interested in visiting the premises

Green Point Commercial Property S.C. is a fully licensed commercial property broker based in Mallorca and covers opportunities across the whole of Spain.

Our experienced staff, are here, not just to advise on buying a business but can help you with all aspects of purchase and relocation. With a network of Lawyers, Solicitors, Immigration Specialists and Accountants we can make the process go through smoothly and efficiently as possible.

For UK Buyers, we can arrange for a business visa which takes 3-4 months but will allow you to move to Spain post-Brexit with no issues.

Feel free to get in contact for a confidential discussion about this great opportunity and discuss your specific requirements for your next business acquisition.

Property Information

Real Estate:

Lease

Leasehold Rent:

€7,800 per annum

Location:

North Mallorca

Premises Details:

Low cost local in prime position

Business Operation

Expansion Potential:

Great expansion potential

Competition / Market:

Very Little

Reasons for selling:

Retirement

Trading hours:

Monday - Friday

Employees:
2
Years established:
19

Other Information

Support & training:

Full training and support to ensure smooth handover

Furniture / Fixtures value:
€25,000 - included in the asking price
Inventory / Stock value:
€5,000 - included in the asking price
Relocatable:
This business can be relocated.