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Workwear/Work Clothes Store €649,000 €635,000


Current Price: €635,000
New Price:
Rate data provided daily by European Central Bank
M2
270

Asking Price - €635,000.00  Freehold

  • Terrific Opportunity for an established, recession proof business with true unlimited expansion potential
  • Long Established
  • Strategically positioned to cater to Southern Europe and Northern Africa
  • Strong year-round trade
  • Exceptional reputation
  • Strong sales with high net income
  • Golden Visa Opportunity

 Two very profitable workwear stores with an online-shop portal.

Founded in 1995, the brand has grown to become the most recognized business in the workwear, uniform & personal protective equipment industry in the Campo de Gibraltar area.

The business is spread across two independent front stores (270m2) and an online presence. Each store specializes in different industries (Industry & Construction clothing vs Sanitary, Service & Culinary clothing). Sales positioning is to the wholesale, retail, public, small-businesses and self-employed sectors in the city of Algeciras and its surrounding population as well as Cadiz & Costa del Sol regions, Gibraltar and Northern Africa.

The business can be continued to be owner-operated or it can transition into purely an investment with the placing of a qualified manager (current owner’s role) and still produce a high ROI.

The current owner bought the brand a decade ago, building a second store in 2010 and expanding the flagship store in 2015 as well as adding the internet portal for online shopping. This was his first “foray” into business ownership and while he has been successful he is moving on to the next challenge, his reasons for selling are legitimate and disclosable to interested parties.

 For those not familiar with the industry the current owner is offering the possibility of a transition period with training in all aspects of the business operations to achieve a smooth handoff for the next owner whether it is to take it to the next level or keep it performing at its current high standards.

The city where the business is located, Algeciras, is a port city (boast one of the largest ports in Europe) strategically positioned near the strait of Gibraltar with access to Southern Europe, Northern African and the entrance to the Mediterranean. It also sits between the Andalusian cities of Malaga and Cadiz, with beautiful Marbella less than an hour away, making an ideal place for expats to settle and enjoy the Spanish lifestyle.  

 Viewing Arrangements

Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.
Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.


Available Date:
7/03/2016
Address Hidden
Algeciras, Cadiz
Spain
Sale Type: For Sale
Ref #: BB6655F
Category: Retail, Shop
Total Units
2
M2
270
Type of Purchase
Freehold
Years Established
20
Available Date:
7/03/2016
Address Hidden
Algeciras, Cadiz
Spain
Sale Type: For Sale
Ref #: BB6655F
Category: Retail, Shop

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Non-Circumvention and Non-Disclosure Agreement

Between the following Parties:

Business Broker Spain SL (CIF: B54646153) and trading as Business Broker Spain and with registered Head Office: 10 Calle Arquitecto Urteaga 03730 Javea, (Alicante). Spain (hereafter ‘the agent’);

1.The Discloser intends to disclose information (the Confidential Information) to the Recipient for the purpose of purchasing any business introduced to you through by Business Broker Spain.

2.The Recipient undertakes not to use the Confidential Information for any purpose except the Purpose, without first obtaining the written agreement of the Discloser.

3.The Recipient undertakes to keep the Confidential Information secure and not to disclose it to any third party except to professional advisers who need to know the same for the Purpose, who know they owe a duty of confidence to the Discloser and who are bound by obligations equivalent to those in clause 2 above and this clause 3.

4.The undertakings in clauses 2 and 3 above apply to all of the information disclosed by the Discloser to the Recipient, regardless of the way or form in which it is disclosed or recorded but they do not apply to:

a )Any information which is or in future comes into the public domain (unless as a result of the breach of this Agreement); or

b) Any information which is already known to the Recipient and which was not subject to any obligation of confidence before it was disclosed to the Recipient by the Discloser.

5.Nothing in this Agreement will prevent the Recipient from making any disclosure of the Confidential Information required by law or by any competent authority.

6.The Recipient will, on request from the Discloser, return all copies and records of the Confidential Information to the Discloser and will not retain any copies or records of the Confidential Information.

7.Neither this Agreement nor the supply of any information grants the Recipient any licence, interest or right in respect of any intellectual property rights of the Discloser except the right to copy the Confidential Information solely for the Purpose.

8.The undertakings in clauses 2 and 3 will continue in force for 2 years from the date of this Agreement.

9.This Agreement is governed by, and is to be construed in accordance with, Spanish law. The Spanish Courts will have non-exclusive jurisdiction to deal with any dispute which has arisen or may arise out of, or in connection with, this Agreement.

 
Available Date:
7/03/2016
Address Hidden
Algeciras, Cadiz
Spain
Sale Type: For Sale
Ref #: BB6655F
Category: Retail, Shop

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