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Asking Price
£110k
Description
Small business selling textile products, filters and associated products to manufacturing industries in UK and overseas. The current owner is a sole trader and runs the business from home. The business employs no staff, carries no stock and has no rented premises and is therefore highly portable and can be run independently or easily amalgamated into an existing company. The business was independently valued in 2007 at £110,000 and generates £25,000 gross profit on a turnover of £45,000. Orders for 2008 to May have generated profits of £22,000 on a turnover of £33,000. Profits for the year anticipated to be around £35,000. There is a healthy enquiry file and other work that can be revisited giving a further potential £50,000 of business.
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