30-years-old Shirts Manufacturing Factory

Olteniţa, Romania
Asking Price: $1,758,489 (€1,500,000 EUR)
Business For Sale Details
Listed on Jan 23, 2024

Our business is a family owned business with a long tradition in shirts manufacture. It was founded in 1994 and specialized in men and women shirts. Along the years, our company developed and increased its portfolio with clients like: Lacoste, Burberry, Hugo Boss, Dries Van Noten, DKNY, Faconnable.

Nowadays, the factory has 80 employees and uses high technology in every production activity: cutting Room, JUKI and MAICA for Production Line, GIGLY for Ironing Line and for Packaging, as well as top quality trimmings: Wendler for interlining, Butonia for buttons, Coats for yarn, Malzahn for plastic collar band, butterfly, fish-bone. Due to this high level of technology, our production capacity reaches 500 pieces per day. We also offer additional services like embroidery and textile washing; The current markets we are working with are Germany and Netherlands.

The factory building and land is 100% privately owned and consists of a 2 levels building + technical basement of 1537 sqm and 2012 sqm surrounding land (it has 10 parking lots). It is situated 60 km away from Bucharest (Romania's capital).

For 2023 the turnover was 1,500,000 EUR.

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Financials (USD)

Asking Price $1,758,489

Cash Flow Not Disclosed

Sales Not Disclosed

Converted From EUR

Exchange Rate $1.17

Deal Terms

Represented by broker? No

Buyer Fee? No

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? No

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? Yes

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