Yarn Goods Company for Sale in Joydebpur, Bangladesh
Acquire an established yarn factory with a 300-ton capacity/month and skilled workforce of 1,500.
| Established | 20-30 year(s) |
| Employees | 1000 - 5000 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 14 million |
| Run Rate Sales | USD 7.2 million |
| EBITDA Margin | 30 % |
| Industries | Yarn Goods |
| Locations | Joydebpur |
| Local Time | 9:23 PM Asia / Dhaka |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
40 million
(Native Currency: USD 40,000,000)
Reason: The promoter is selling the business due to retirement plans.
Includes physical assets worth
USD
32 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- This is a yarn goods business, nestled in Gazipur, Bangladesh, strategically positioned in a hub of the textile industry, contributing significantly to the local economy.
- Specializing in 100% cotton spun yarn, the company is a crucial supplier for local garment manufacturers and cotton fabric producers, driving development in the textile sector.
- Spanning an expansive 35-acre facility, this textile operation is outfitted with advanced European Rieter and Japanese Muratec machinery, including 40,000 spindles, ensuring high-quality yarn production.
- With a workforce of 1,500 skilled employees working across three shifts, the factory operates continuously, 24/7, achieving a monthly production capacity of 300 tons.
- The enterprise boasts a diverse customer base with over 40 primary clients, underlining its reputation and reliability within the yarn goods industry.
- Before the pandemic, the business enjoyed substantial growth with an annual turnover of USD 18 million, showcasing its potential for financial recovery as it scales back to full capacity.
- Sales declined due to inadequate bank support for raw materials, now operating at 45% capacity.
- The company is poised for growth, leveraging its affiliation with one of Bangladesh’s top family conglomerates to regain its market position post-COVID.
- Specializing in 100% cotton spun yarn, the company is a crucial supplier for local garment manufacturers and cotton fabric producers, driving development in the textile sector.
- Spanning an expansive 35-acre facility, this textile operation is outfitted with advanced European Rieter and Japanese Muratec machinery, including 40,000 spindles, ensuring high-quality yarn production.
- With a workforce of 1,500 skilled employees working across three shifts, the factory operates continuously, 24/7, achieving a monthly production capacity of 300 tons.
- The enterprise boasts a diverse customer base with over 40 primary clients, underlining its reputation and reliability within the yarn goods industry.
- Before the pandemic, the business enjoyed substantial growth with an annual turnover of USD 18 million, showcasing its potential for financial recovery as it scales back to full capacity.
- Sales declined due to inadequate bank support for raw materials, now operating at 45% capacity.
- The company is poised for growth, leveraging its affiliation with one of Bangladesh’s top family conglomerates to regain its market position post-COVID.
Products & Services Overview
The business's top-selling product is 100% cotton spun yarn, catering to local garment manufacturers and cotton fabric producers.It offers yarn in all specifications.
Assets Overview
Tangible assets.- 35 acres (60 bighas) of land.
- Plant and machinery.
- All the constructed facilities and equipment.
Facilities Overview
Operates from an owned facility that spans 35 acres with top-notch European and Japanese machinery, including 40,000 spindles.- 35 acres (60 bighas) of land.
- Buildings - 65k sq ft facility for production, godown - 15k sq ft and an industrial shed - 25k sq ft.
Capitalization Overview
Liabilities account for 40% of the asking price, with ownership details open for discussion post-introduction.The business has 8 shareholders, including 4 majority holders.
Recent Activity
-
Earlier than 15 daysFounding Partner, New York City, Investment Bank connected with the Business
-
Earlier than 15 daysManaging Director, Dubai, Financial Consultant connected with the Business
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