Profitable Textiles Wholesale Company for Sale in Istanbul, Turkey

Unique company selling natural fibre home textiles handmade by artisans in the South & SouthEast of Turkey.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.9 million
Run Rate Sales USD 2.1 million
EBITDA Margin 38 %
Industries Textiles Wholesale + 1 more
Locations  Istanbul
Local Time 5:35 PM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 10 million (Native Currency: USD 10,000,000)
Reason: Retiring.
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Business Overview

Best quality products available on the market.

Direct quotes from client reviews:

" Take a carry on and fill it will their luxurious products. "

“Best Shopping Experience”

“Works of art. ”

“Great products, great quality”

“The Best Quality of Textiles Anywhere”

“Textile paradise”

“Brilliant designs”

“Don't buy anywhere else!”

“Amazing quality towels and bathrobes”

“Money actually goes to the weavers”

“Handwoven heaven”

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Excellence awards from Trip Advisor for 5 years straight.

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Situated in the heart of the tourist area of Sultanahmet, Istanbul.

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Highlighted in every travel book and has become a destination for the best quality Turkish textiles available.

Products & Services Overview

Hand loomed Turkish towel, pestamel, peskir, robes, bedcovers, bed linens, table clothes, scarves.

Customs tailoring available.

Facilities Overview

TWO, 20 square meter shops in one of the historical bazaars of Sultanahmet (rent on each space approx. 4250 TL / month with an "air money value average $700,000USD / shop. 4 floor showroom - total 280 square meters owned by owner; no mortgage (3 floors of showroom space and 1 floor tailoring / warehouse / checking space; current market value of building NOT including stock - $3,000,000 USD.

100 square meter warehouse for storage only; owned by owner - no mortgage. Current market value NOT including stock - $350,000USD.

COST of Stock in two shops, showroom and storage space estimated at 750,000 TL (approx. retail value: 2,000,000 TL)

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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