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)
Features:
- Established 10-20 year(s)
- Employees 10 - 50
- Legal Entity Limited Liability Company (LLC)
- Reported Sales TRY 17 million
- Run Rate Sales TRY 19 million
- EBITDA Margin 38 %
- Industries Textiles Wholesale + 1 more
- Locations Istanbul
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