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Men's Clothing Company for Sale in Harmanli, Bulgaria

For Sale: Clothing manufacturer company that has been in business for 65+ years.
This Business is on a Premium Plan
Established 60-70 year(s)
Employees 100 - 500
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2.2 million
Run Rate Sales USD 2 million
EBITDA Margin 7 %
Industries Men's Clothing + 1 more
Locations  Harmanli
Local Time 4:31 AM Europe / Sofia
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.2 million (Native Currency: BGN 4,000,000)
Reason: The owners of the business are looking to retire and wish to sell the business.
Includes physical assets worth USD 2.2 million
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Business Overview

- The business is involved in the manufacturing of jerseys and textiles.

- The sales of the business have dropped because one of our clients has gone bankrupt.

- We cater only to the B2B segment.

- The business has 5-10 active clients who have been with us for a long time.

- Our clients range from Zara to Versace and Armani.

- All of our clients are from abroad.

- We have been in the business for almost 65 years now.

- The business has a manufacturing capacity of 24k units per month.

Products & Services Overview

We specialise in jersey and textile production like t-shirts, polo shirts, and shirts.

Assets Overview

The physical assets of the business include land of 5k sqm upon which a building has been built-up for 2k sqm. Our machinery in the business also adds to the value of physical assets in the business.

The business has major goodwill in the industry.

Facilities Overview

Operating on 5 floors in own building with a built-up area of 2k sqm. The business has a total land of 5k sqm. The building has 3 service lifts and a 1 passenger lift and is fitted with solar panels. We are located in Harmanli, Bulgaria.

Capitalization Overview

There are 2 shareholders in the business and the shareholding is held within the family.

The business has loans which will be revealed to the buyer upon introduction.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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