Soft Textiles Manufacturer & Supplier in the West Midlands

Coventry, Warwickshire
REF: INT1893

Asking Price:
£83,000
Annual Turnover:
£80,000
Annual Net Profit:
£25,000
REF: INT1893
Photo of Soft Textiles Manufacturer & Supplier in the West Midlands
Photo of Soft Textiles Manufacturer & Supplier in the West Midlands
Photo of Soft Textiles Manufacturer & Supplier in the West Midlands
Photo of Soft Textiles Manufacturer & Supplier in the West Midlands

Overview

Tenure:
Leasehold
Established:
2018
  • Excellent Reputation
  • Huge Growth Potential
  • Strong Supplier Relationships
  • Wide Variety of Products & Services

This is a fantastic opportunity to acquire a soft textile manufacturing business, which supplies to companies within the West Midlands, as well as selling online.

First established in 2018, the business has grown significantly since its creation and is now the leading manufacturer in the local area. Over the years, the business has built up an excellent reputation for their high-quality products.

The VAT registered business has gained years of experience in the large composite textile industry, providing customers with top-notch quality products, such as pillows, cushions, socks, fabrics, and much more. Their special care products can be useful for orthopaedic, pregnancy, nursing, and maternity needs. They are also perfect for daily life.

Their products are stuffed with 100% hollow conjugated and slick polyester fibre, in order to ensure produce has a boost and a bounce-back effect. They never use mixed, regenerated, or recycled fibre to ensure product quality isn’t compromised.

All their products are fire retardant and fully compliant with British standards. Furthermore, this type of polyester hollow fibre is an incredibly popular choice for users in the UK and the EU, which should provide plenty of trade for the new owner.

The business currently operates from ideal leasehold premises in Coventry, which provides the company with the perfect base to service their large customer base in the West Midlands.

Over the years, the business has forged strong relationships with their suppliers, which could normally be hard to attain for a new business.

The company’s filling line is capable of processing polyester fibre up to 250kg per hour, in order to meet bulk demands. Pre-set product weight is automatically and electronically controlled on their modern machinery and their oscillating fill method ensures even and smooth filling within the product to produce uniform quality every time. Due to their excelelnt processes, the new owner will be able to manufatcure plenty of new products.

The current owner is happy to offer an initial transitional period, in order to ensure a smooth and efficient business handover.

This would be the perfect opportunity for anyone, who is looking to get involved in the fabrication or manufacturing sector.

There is huge potential for growth with this business, as the new owner can easily build on the company’s renowned reputation.

The new owner could also look into expanding geographically, becoming the go-to supplier for the entire Midlands.

The business already has an excellent online presence, with an easy-to-use website and several social media pages, which act as an excellent sales window for the business. It would be highly beneficial if the new owner continued to utilise and optimise these online channels.

Features

Key Information

  • Products Manufactured: Fabrication

Reputation

  • Google: 4.9

Online Presence

Website: www.textilepassion.com

Location

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  • Office Based
  • Nearby Car Parking
  • Limited Competition

Property

Annual Rent
£6,000
Annual Rates
TBC
Lease Term (Years)
5
Lease Expiry (Year)
2024
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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