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Yarn Goods Company for Sale in Sighnaghi, Georgia

Wool processing factory in Georgia - 100% export oriented business.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 200 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 23 %
Industries Yarn Goods
Locations  Sighnaghi
Local Time 10:32 PM Asia / Tbilisi
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.2 million (Native Currency: USD 1,200,000)
Reason: The owner is relocating to his home country due to family obligations. The current owner is willing... View More
Includes physical assets worth USD 900 thousand
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Business Overview

- The business was established 8 years ago.

- This is the only wool processing factory in Georgia. It is located 120 km from Tbilisi, the capital city of Georgia.

- Exporting 100% of its production to Asian countries. The company has a loyal clientele and a good reputation in the Asian market.

- Have capacity to process 1,600 tons of raw wool every year.

- Business requires only 15 employees to run it efficiently.

- Business is highly profitable with an EBITDA of 23%.

- Potential to expand into high-value yarn manufacturing. Turkey and Iran are big buyers of woolen yarn.

- Promoter has 20 years of proven experience in the manufacturing and international trade business.

Products & Services Overview

The company exports washed wool to yarn manufacturing factories in Asia. Our buyers use our wool to produce yarn which is then used in making woollen carpets.

Assets Overview

Land, building and equipment.

Transfer of 100% shares of the company holding all above assets to the Buyer.

Website of the company.

Facilities Overview

Land area - 6,000 sqm.

Factory built-up area of 3,000 sqm.

State-of-the-Art wool processing equipment imported from China and Turkey.

Own area.

Capitalization Overview

There is no partnership and the business is 100% owned by one person.

The business has a bank loan of 160,000 USD. This will be discussed with the buyer.

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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