Fabricated Metal Products Business for Sale in Lushnjë, Albania

- Business located in Lushnjë, Albania, specialized in the production of fabricated metal steel tubes and profiles, cutting hot rolled coils, and manufacturing greenhouses.

- Additionally, they also offer the production of working machinery and CNC machines, as well as metallic sheets for industrial and construction purposes.

- The products are primarily used for building and construction applications.

- The company has a strong history and has maintained good relationships with its clients. Its peak business years were from 2007 to 2019. However, the post-pandemic situation has led to challenging years for the business.

- During the peak business years, the company was generating a turnover of EUR 25k per day.

- The business procures its steel and metals from Ukraine.

- Serves approximately 20 clients, with a majority based in Albania and also from North Macedonia and Italy. The clients are primarily from the industrial and construction sectors.

- The business provides both daily and monthly supplies, with an average supply value ranging from EUR 1k to 2k.

- Also take up 1 or 2 large scale projects such as manufacturing greenhouses.

- This year, the company has scaled down the production and business as we are planning on shutting down the operations.

- Specialized in the production of fabricated metal steel tubes and profiles, cutting hot rolled coils, and manufacturing greenhouses.

- Additionally, they also offer production of working machinery and CNC machines, as well as metallic sheets for industrial and construction purposes.

- Majority of the clients are based in Albania and also from North Macedonia and Italy and primarily from the industrial and construction sectors.

Provides both daily and monthly supplies. Also take up 1 or 2 large scale projects such as manufacturing greenhouses.

Land 12,0000 m2, which includes an industrial building of 5,500 m2, an office of 700 m2, and all machinery of metal production, cranes, etc. worth EUR 3.2 million, but we will be selling at EUR 1.9 million.

Own property which includes - 12,000 square meter land, which includes 5,500 industrial buildings with cranes and 700 m2 offices 2 floor, parking, gas station inside, worker room, etc.

Location is Karbunare, Lushnje.

- Business is self-funded.

- Having an outstanding bank loan of EUR 1.8 million.

- There are 3 shareholders, who are family members with 1 shareholder 50% and 2 others with 25% each.