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Men's Clothing Company for Sale in Dhaka, Bangladesh

Textile and garment manufacturing facility with certified compliance and infrastructure looking to sell the business.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 210 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Men's Clothing + 1 more
Locations  Dhaka
Local Time 5:55 PM Asia / Dhaka
Listed By Management Member
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 32.4 million (Native Currency: BDT 4,000,000,000)
Reason: Owner intends to execute a full sale of the business to settle substantial outstanding bank loans an... View More
Includes physical assets worth USD 28.4 million
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Business Overview
- Established in 9 years ago, the company used to operate an integrated textile weaving and ready-made garments (RMG) manufacturing facility in Narayanganj, Bangladesh, under Al Haj Akhter Garments and Al-Haj Akhter Textile Mills.
- The business was a 100% export-oriented manufacturer of woven garments, denim products, and textile fabrics, with a production capacity of approximately 300,000–350,000 garments per month.
- Historically, the company supplied products to international apparel brands across markets including South Africa and Brazil, producing men's, women's, and children's apparel such as jeans, cargos, chinos, shorts, jackets, and denim wear.
- The facility includes a five-storey factory complex equipped with Toyota 710 air-jet looms, sewing and finishing lines, warehousing, utility infrastructure, and expansion-ready land with foundations completed for an additional 100,000 sq. ft. manufacturing shed.
- The company holds BGMEA and BTMA memberships along with internationally recognized certifications including GOTS, OCS, OEKO-TEX, SMETA, and Amfori BSCI.
- Although operations have been suspended for the past two years due to financial distress, and our last reported revenue was BDT 2.6 cr the business possesses substantial physical assets valued at approximately BDT 350 crore and is being offered for full acquisition at an expected transaction value of BDT 400 crore to facilitate the settlement of outstanding liabilities exceeding BDT 300 crore.
Products & Services Overview
Manufactured woven ready-made garments and denim products including men’s and ladies’ jeans, cargos, chinos, shorts, denim jackets, and kidswear, plus cotton, spandex and denim fabrics. Products were supplied as 100% export-oriented RMG to international fashion and retail brands.
Assets Overview
Tangible assets comprise a multi-storey integrated garments and textile manufacturing facility, expansion-ready land with completed foundations for a proposed 100,000 sq. ft. shed, a modern weaving unit equipped with Toyota 710 air-jet looms and humidification systems, sewing lines, cutting and finishing equipment, sample development facilities, warehouses, and shipment storage areas. Additional physical assets include a utility building housing industrial boilers, air compressors, electrical infrastructure and substation, office furniture and IT systems, medical and child day-care facilities, and canteen and dining infrastructure.

Intangible assets include trade licenses, BGMEA and BTMA memberships, ERC and IRC registrations, VAT/BIN and TIN registrations, internationally recognized social, environmental, and quality compliance certifications, and long-standing relationships with international apparel and retail brands. Details regarding cash balances, bank deposits, and other liquid assets have not been provided.
Facilities Overview
The property is wholly owned by the company and comprises a five-storey integrated garments and textile manufacturing complex strategically located beside the Dhaka–Sylhet National Highway in Araihazar, Narayanganj.
The ground floor houses a modern textile weaving unit equipped with Toyota 710 air-jet looms and a basement humidification system. The first floor is dedicated to garment finishing operations, including ironing, pressing, thread checking, snap button attachment, quality inspection, packing, and temporary shipment storage. The second and third floors accommodate sewing operations, with one floor fully equipped and the other reserved for future expansion. The top floor contains the cutting section, sample development unit, and a large dining facility. Additional infrastructure includes a utility building with boilers, compressors, and electrical systems, as well as a child day-care center, medical center, merchandising and quality control departments. The property also includes adjacent land with completed foundations for a proposed 100,000 sq. ft. expansion shed.
Capitalization Overview
The business is owned and managed by a single proprietor and has been financed primarily through bank borrowings and promoter capital.

As per the latest available information, the company has outstanding bank loans and other liabilities exceeding BDT 300 crore.
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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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