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CLOTHING INDUSTRY. WORKING FOR EXPORT MARKETS
Latvia, Riga City, Riga - view exact locationFinancial information
Payback period: 3 year(s)
Gross Revenue: 1 309 000 USD in a year
Profit: 134 470 USD in a year
Cash flow: On request
Business information
Form of Ownership: Private ownership
Business status: Operating business
Terms of alienation: Simple sale
Number of staff: 110
Lifetime period: 26 year(s)
Description
We offer for sale a successfully operating sewing company in Latvia with more. than 25 years of experience. The company operates exclusively for export. clients are large companies from Scandinavian countries. Experienced staff - more than 110 people. debugged workflows. product quality control. The company's turnover in 2018 was 1.1 million euros. in its turn. net profit 113,000 euros. There are possibilities for expansion due to the construction of another workshop. since the demand for the company's services exceeds its current production capacity. The company has no debts. The reason for the sale - the pre-retirement age of the owners.
