ID : 36418
Intelligent Business Transfer are pleased to bring to the market a fantastic opportunity for a new buyer to acquire a profitable and well-established niche textile manufacturer in Nottingham.
Boasting the enviable status of being the UK’s largest supplier of textiles to the funeral industry, the business serves a wide range of commercial clients on a wholesale basis throughout the UK and abroad.
Established in 1986, the business has demonstrated consistent growth and now achieves an annual turnover of over £300,000. With impressive financials and an excellent reputation, the business continues to offers high levels of growth.
For a new owner, areas for potential development include expanding the website to include more information; even though the current the site is clear and professional, it does lack relevant content. By redeveloping this site and adding social media channels would allow the business to target relevant industries and potentially expand the customer base. Currently the business does not do any advertising, yet promoting its services in relevant industry publications would enable the business to introduce themselves to a new set of customers. Finally, at present the business solely focuses on a few niche markets, however a new owner may wish to expand their product offering to other sectors which would help facilitate growth even further.
Intelligent Business Transfer have been approached to find a suitable buyer for an opportunity ideally suited to a new buyer with experience in the manufacturing industry. The current owner has developed a profitable and highly respected business which is now primed for further growth.