Cash Generative, Profitable, Supplier of Business Textile Services

Gloucestershire, Gloucestershire, England

Sunbelt of Gloucestershire

The following broker is assigned to this listing:

David Owen

Description

This business is highly cash generative, well capitalised supplier of business textile services to a range of industries and has build a great reputation for quality and service. It supplies a large number of industrial customers in a geographic area from Birmingham to the South Coast and from Oxford to Cornwall and Wales. The major product is the supply and laundry of textile wipes to a range of businesses. With the ever increasing legislation regarding the disposal into land fill of industrial waste there has been a steady growth in both the number and type of customers and the range of products offered. The majority of customers are on rental contracts that stipulate the frequency of change of the textiles supplied. These are serviced by BTS vehicles regularly visiting customer sites and would be available to distribute other products.
The workforce is stable highly skilled and trained, and there is able first line management in place with the ability to run the company on a day to day basis. The systems and equipment are of a high standard supporting an excellent stand alone business opportunity.
The second business is  a general service laundry purchased out of administration 2 years ago. The owners have relocated the business, significantly reducing the costs and invested in new equipment, and it is now trading profitably.

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Property

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