ID: 1910
House

Ready business for sale the East of Germany, Germany

Ready business. Textile company in Germany

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€1,250,000
Ready business. Textile company in Germany

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Additional Information DESCRIPTION
We present to your attention an operating business in the textile
industry, located in the east of Germany.
Since its foundation several decades ago, this company has been producing both
technical textiles and casual clothing. A team of several dozen
employees takes care of all stages of work on the spot, from planning to sales, which
allows us to comply with high quality standards.
The main customers are government agencies, as well as industrial
customers in the country and abroad.
The building consisting of a production workshop, a warehouse and an office is leased.
The company is being sold due to the owner reaching an advanced age.
80% of the company is for sale.
The company is managed by a hired manager who carries out all
operational activities. This makes the company attractive to investors who do
not plan to personally manage the company.
Our company EW Real Estate can be additionally engaged as an
external management company to implement tools and strategies that
they will allow the company to develop more quickly in the future.
The company stands firmly on its feet and has good turnover and profit.
In 2020, the company's turnover amounted to 3.2 million euros, with
an EBITDA income of 370,000 euros.
The price of the company is 1,250,000 euros.
Sale of an 80% stake — 1,000,000 euros.
For confidentiality purposes, all further information will be given at the discretion of
the seller only upon request with full information about the potential
buyer and after signing a confidentiality agreement. To do this,
the buyer (an individual) must provide a resume with a description
previous activity, or (for legal entities) a link to your official
company website.
Additional Information PROPERTY DETAILS
  • Type of Property: Ready business
  • Property Type: Secondary market
  • Location: the East of Germany, Germany
  • Sale Price: €1,250,000

Financial Information

Price
€1,250,000

Purchase Cost

Additional Information OTHER INFO

ATTRIBUTES

Year Built: 1990
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