This business is a small niche manufacturing company based in Leicester, East Midlands.
The business manufactures and retails toilet tissue paper from its small base.
The business sells directly into wholesalers who sell the product on at a margin. The business currently has around 20 large customers who use the company as their main supplier for toilet paper, based around the UK.
The company is unique in that in manufactures the product here in the UK, and therefore can be agile and responsive to its customers needs.
The current owner has built the business from nothing to a successful and profitable entity.
The business has a significant turnover and is very profitable, with a gross margin of around 25%.
There is immense potential to grow the business, as the factory only operates 8 hours per day but has capacity to run full time 24/7, offering the immediate scope for a revenue in excess of £8m.
Included in the sale are all the assets included in the factory, all of which are fully purchased with no leases. The value of the assets is c.£150k+ alone.
The business is based in Leicestershire but has customers around the UK.
The current owner is looking to sell as he has recently had a major health scare which means he is unable to invest the time and energy needed to further grow the business.
The business trades from a small leasehold unit in Leicester.