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Profitable Knitwear Company for Sale in Chittagong, Bangladesh

For Sale: Manufacturer and exporter of knitwear garments in Chattogram having capacity of 700,000 pieces/month.

Established 5-10 year(s)
Employees 500 - 1000
Legal Entity Private Limited Company
Reported Sales INR 57 crore
Run Rate Sales INR 20.5 crore
EBITDA Margin 20 - 30 %
Industries Knitwear + 1 more
Locations  Chittagong
Local Time 1:22 PM Australia / Melbourne
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: INR 40 crore (Native Currency: USD 4,700,000)
Reason: The owner has reached old age and planning retire from the business. With the factory’s scale, estab... View More
Includes physical assets worth INR 40 crore
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Business Overview
- Strategically positioned in Chattogram, a key hub for garment manufacturing and export in Bangladesh.
- Robust production capacity of 700,000 pieces of various knitwear garments concurrently, enabling large-scale order fulfilment.
- Strong export focus with 100% of sales derived from exports, primarily serving over 30+ buyers across the US, Canada, Italy, Japan and Hong Kong. Full buyer list is given in the documents section above.
- Holds essential industry certifications including WRAP, SEDEX, CTPAT, and BSCI, ensuring compliance with global manufacturing standards and ethical practices. Also registered under BGMEA.
- There are 650+ permanent employees who are required to run the business operations, employed majorly across production, supervision, admin, management and marketing departments.
- Recent sales have declined year-over-year, attributed to a recession and import restrictions in major markets like the US and Canada.
- The advisor is Australia-based and the listed business is in Bangladesh.
- Competitive overhead costing keeps costs low thus resulting in above average net earnings.
- Has a strong Code of Conduct for safety, work environment, and fire hazards.
- Full company details are in the Company profile with all metrics such as full production capacity, list of all machinery, etc.
- There is a rising year-wise export trend in the business.
Products & Services Overview
Product categories primarily include sleep wear, knitted tops and bottoms, panties, boxers, briefs, trunks for men and women and kids wear.
Supplied to distributors and retail chains mainly across US, Canada, Italy, Japan and Hong Kong.
Assets Overview
- Land & property is about 70-80%
- USD 292,365.53 worth of state-of-the-art machinery and equipment. Full list of machinery is given in valuation report.
Others are electric sub station with high quality electric fittings and fixtures, electricity and utility security deposit to REB and KGDCL, fire fighting equipment, and a fully operational team and staff with 30+ international buyers.
Facilities Overview
- Own factory building of built-up area 70,631 sq ft, located in Shakpura, Chattogram.
- The building has 7 units: 3 storied office building, 2 storied production shed, 1 storied textile shed, guard room, guest house, canteen, shed (2 storied) and farm house.
- The facility also has day care and other employee facilities.
- Total land is 1,23,829.71 sq ft with 7ft boundary wall.
92,212.40 sq ft additional land is available for future expansion.
Capitalization Overview
Self-funded with no outstanding loans.
There is 1 owner, holding 100% shares in 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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