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Profitable Knitwear Business with Western Customers

Gazipur, Bangladesh
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    Profitable Knitwear Business with Western Customers

    Description

    Company has an apparel manufacturing unit in Bangladesh with 8 line knitwear and sewing section.

    The organization has 5 customers from Italy, Europe and South Korea ordering around 150,000 to 250,000 pieces per year.

    The business has contracts with clients to produce apparel under clients’ brand names, the raw materials are locally sourced.

    The production capacity is around 10,000 cloth pieces per day buy utilizing only 4 lines out of 8 at present.

    Basic Details

    Target Price:

    $3,750,000

    Gross Revenue

    $2,868,576

    EBITDA

    TBA

    Business ID:

    L#20220401

    Country

    Bangladesh

    City:

    Gazipur

    Detail

    Business ID:L#20220401
    Property Type:Manufacturing
    Property Status:For Sale
    Target Price: $3,750,000
    Gross Revenue:$2,868,576
    EBITDA:TBA
    Target Price / Revenue:1.31x
    Target Price / EBITDA:INFx
    FF&E:Includes physical assets worth EUR 1.1 million
    Business Description:- Company has 7 directors and the promoter owns the highest stakes in the company.
    Reason for Selling:New Venture
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      Company has an apparel manufacturing unit in Bangladesh with 8 line knitwear and sewing section.

      The organization has 5 customers from Italy, Europe and South Korea ordering around 150,000 to 250,000 pieces per year.

      The business has contracts with clients to produce apparel under clients’ brand names, the raw materials are locally sourced.

      The production capacity is around 10,000 cloth pieces per day buy utilizing only 4 lines out of 8 at present.

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