Well established Handcrafted Bibs business for sale
- Asking Price: £99,999 +SAV
We are advised as per the 2020 accounts, the business generated a turnover in the region of £150,000, with an adjusted net profit in the region of £60,000. Full financials can be made available upon further request.
Please quote reference B06440
- Tenure: Business Only
Please quote reference B06440
Hilton Smythe welcomes to the market, Bibbles Bandana Bibs Limited.
Bibbles Bandana Bibs was founded by the current owners approximately 12 years ago. After many years of experience in the textile trade and marketing, the owners identified a gap in the market for quality adult bibs and children bibs. They noticed that today’s modern mum was looking for a product that not only looked good but did the job properly and this was the start of their journey. The business has been a real labour of love for the vendors accruing many regular customers and a burgeoning reputation.
Since the initial success of the baby bibs, the business has graduated by demand to the more niche market of the adult sector and for some time now BibblePlus has been our core business.
Specialist range avoiding the competition of mass produced copies as eventually experienced with the baby range.
The business is now being sold, albeit reluctantly and with heavy hearts only due to the vendors wish to take a well earned retirement, they are keen to see their beloved bib company pass to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level.
The sale can include all machinery and equipment currently used in the manufacturing process. A list of the available assets can be provided upon request.
The business manufactures and retails the ‘Bibble’. The Bibble is hand made in Nottingham currently from fabrics that the owners source and select every month. Every bandana bib is made from the highest quality cotton with a super absorbent fleece lining and nickel free, adjustable press-studs. It’s unique combination of cotton and fleece means that the outer cotton layer absorbs wetness whilst the fleece under-layer acts as a barrier, preventing the clothing from becoming wet. The tunnel fleece disperses the wetness, creates airflow and allows moisture to evaporate so the bib dries out quickly.
The Bibble is fully washable and is available in larger sizes for older children and adults with special needs.
The sale will include the main company e- commerce website for the adult bibs (www.Bibbleplus.co.uk), Amazon and Facebook and Twitter pages and the business enjoys great visibility on the internet. The website for the baby bibs is also included, but is now a minority addition to the business. (bandana-bibs.co.uk).
Also included will be a database of approximately 8000 customers along with lucrative contracts including Lancashire Health Authority for the supply of products to 4 or 5 care homes and all product patterns.
Bibbles Bandana Bibs offer Multi-Buy Discounts, International Delivery, Secure Payment and Satisfaction Guaranteed.
Scope to improve
- Advertising and marketing campaign
- Update existing website
- Canvass care homes and assisted living facilities with a view to becoming their preferred supplier
- A well-established business with an enviable reputation and many existing customers
- Current owners happy to offer a handover to ensure the continued success
- A real opportunity to increase turnover and profits significantly, current owners are running at a pace to suit.
- With the recently announced increase in the Social Care Budget the future looks bright for this business.
- Can include all equipment and machinery for a new owner wishing to continue the manufacturing themselves.
- Ideal bolt on to an existing complimentary business.
We are advised that the business is run and managed by both owners, with the help of a part time seamstress and a part time packing operative.
The business trades 24/7 through their online platforms.
Bibbles Bandana Bibs is being sold as a relocatable, business only opportunity and could feasibly be run from anywhere in the country indeed the world!
The business is currently based in Nottinghamshire.
Bibbles Bandana Bibs is being sold as a business only opportunity and a new owner would need to provide their own premises.
We are advised that the business is being sold on a Business Only basis.