Textile Manufacturing for sale in Greater Manchester

View the "Textile Manufacturing, Greater Manchester" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
View More
Leasehold Price: £174,999 Turnover: £260,000 Gross Profit: £54,000
Request Details
Business Description
Hilton Smythe is delighted to welcome to the market this well-established textile manufacturing business in Greater Manchester. The business was established in 1975 and has been in our clients` careful ownership since 1996. Only now is the business being offered to the market due to our clients` desire for a well-deserved retirement. The business generates a turnover in the region of £260,000 per annum, with a gross profit of approximately 21%.

The business has an excellent reputation within the industry for the high quality of the services and good offered, which has resulted in a loyal client base with a lot of repeat custom, as well as word of mouth referrals. The company specializes in the C.MT. manufacture of bed linens and table wear with a strong client base which covers both the contract and domestic market. The business would also benefit from establishing a website to promote the business and the services offered.

The business occupies 18,500 sq. ft. giving vast scope for expansion. The business would be an ideal bolt-on to an existing business in the textile trade. This is an excellent opportunity for a new owner to take this thriving business, with vast scope for growth, to the next level; therefore early viewing must come highly recommended.

This textile manufacturing business is located within an industrial mill in Greater Manchester. The business benefits from car parking facilities within the mills grounds.

The area of the business is well served by the A-roads, with three all within easy driving distance of the property, which link to the vast A-road and motorway networks. The area is also well served by the public transport system with several bus stops within easy walking distance. The nearest railway station is approximately one mile away.

18,500 sq. feet of premises, briefly comprising:

Large workshop/cutting room (approximately 16,500 sq. ft.)
Work tables.
Equipment and shelving.
Stock/storage room (approximately 2,000 sq. ft.)

A full inventory of equipment is available by request.

We are advised Leasehold:

Rolling lease.
Rent: £8,000 per annum plus £2,000 per annum service charge.

The business is owner run and managed with 18 staff members.

Financial Profile
The business generates a turnover in the region of £260,000 per annum, with a gross profit of approximately 21%.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?
You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.
Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
2146-C A
Seller Reference:
You May Also Like...
Welcome to Daltons business. This website uses cookies. Read our Privacy Policy here