Asking price: £249,995

Sales revenue: £141,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
THE BUSINESS:
Advent Business Sales are pleased to offer to the market this very well established textile wholesale and manufacturing business, which has been trading successfully since 1991.

The current vendor has been in ownership since 1992 and is reluctantly selling due to retirement plans.

The business is Britain’s leading supplier of quality professional towels.

The customer base is aimed at hairdressers, health and beauty salons nail bars and spas as well as cash and carry and the market trade.

The main part of the business is to re-process towels manufactured to their specifications from the Indian sub continent and to sell onward. These range from standard towels to bleach resistant towels and Egyptian cotton towels of the highest quality. These towels are produced in a range of colours and sizes from face towels to jumbo bath sheets, dependent on range. A new range of ribbed towels has been recently introduced, keeping the company in the forefront of towel supply.

As well as towels, the company also offers bathrobes & matching towelling slippers, mitts gowns & caps

Our client also supplies a fine range of quality Japanese alloy stainless steel precision scissors, made for the professional hairdressing world
There is also a ‘Student Range’ of hairdressing scissors available

Although the biggest part of the business is done in the UK, the company also has customers in Eira and also the Benilux countries.

The company operates both a website and an e-mail and has a dedicated fax order line.

The company also manufacturer’s capes for the hairdressing trade, a ‘niche’ business, which sits alongside its other offers perfectly.

We are advised that stock at cost is approximately £84,000.
REF: 9188B

Employees: The business is staffed by 2 full time and 1 part time employees

Trading hours: As required

Property: Freehold

Location
Our client’s textile wholesale and manufacturing business is conveniently located off the main roads in a residential area outside the centre of Birmingham. There are plenty of parking spaces, which is ideal for visiting customers.

The multi ethnic city of Birmingham, being central to England, is a fantastic location for such a business, with excellent road and rail links as well as an international airport.

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