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Apparel and Accessories Company for Sale in Kočani, North Macedonia

Non-operational textile business for sale with capacity to produce 300-500 pieces/day, experienced workforce and equipment.

Established 20-30 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 700 - 800 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Apparel and Accessories
Locations  Kočani
Local Time 10:23 AM Europe / Skopje
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.73 million (Native Currency: EUR 1,500,000)
Reason: - The owner wants to retire and the other family members and children are involved in other business... View More
Includes physical assets worth USD 1.73 million
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Business Overview
- Established but currently non-operational textile factory.
- Worked with German and English brands with Gerry Weber, Brax, Diesel, Comma, LK Bennet, Hobbs etc.
- The company worked under the system LOHN (LOHN is a production method used in the textile and clothing industry, particularly in Central and Eastern Europe, where it handles production on behalf of other brands, providing manufacturing services without selling products under its own label).
- Equipped with automatic cutting machines and other machines with capacity to produce 300 pcs-500 pcs per day depending on the article.
- The factory is closed at the moment.
- The factory had 45 full-time employees when it was operational.
- The factory and business require no special licenses apart from basic business registration.
- Buyer will get the entire business with physical assets and the entire legal entity.
Products & Services Overview
- We do cutting, sewing, ironing, packaging of skirt, blazers, shirts, pants, coats production of muster (model sampling).
- No particular top selling services as we work under the LOHN system.
Assets Overview
- A factory full equipped with machines that can produce any sort of clothes.
- Long-year concept and opportunity to expand the business.
-The facility is connected to two more plots 16744/2, 16724/28, 16724/27 with an area of ​​1,250m 2 or a total of 2,500m 2 owned by the owner. There is also a project for extension to the existing building of 1,900m2 on two levels.
- Office spaces.
- Solar power panels 70kW.
- Elevator with carry capacity of 2,500 kg.
- Automatic canal inside heating and cooling.
- Parking spaces.
- Outdoor loading.
Facilities Overview
- Four floors, 640 m2 each, or 2,540m2 in total.
- Equipped with solar power panels 70kW, elevator with carry capacity of 2,500kg and automatic canal inside heating and cooling.
- The factory buildings and the land are owned by the business.
- They are all located in Kocani.
Capitalization Overview
- It is a family business founded by one single owner.
- The company is working successfully for 24 years, with no debts/loans and one owner only.
Recent Activity
  • Earlier than 15 days
    CEO, Barcelona, Business Broker connected with the Business
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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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