Textiles Businesses for Sale and Investment in Tbilisi

Company involved in the production of latex-coated work gloves and 7 other types of gloves. - We are a growing business with an existing 6-year history. - Our company is one of the only national enterprises in Georgia whose core activity is the production of latex-coated construction gloves. - The existing production capacity of the enterprise is 11.5 million pairs a year. Currently, we knit 3 million pairs of gloves using our factory-installed equipment. - The segment’s total market demand is about 50 million pairs per year. - The company's management has decided to spray 25% of the company's share to attract investment, with attractive and profit-oriented terms and conditions. - This investment will lead to a 25% reduction in the expenses and the gross profit margin will increase to 60%. - Our business does not require a license or any other restrictions apart from basic business registration.

We were getting a minimum number of 20 walk-ins in a day. - We have a lot of recurring customers. - Our customer base includes hotels as well. - We used to make sales of GEL 50,000 before we stopped our operations and our profit margin was 20%. - The sales that are mentioned are for last year when the business was operational for 4 months. - We have not been operational for the last 4 months and have let go of the employees because we are looking to sell this business.

We were getting a minimum number of 20 walk-ins in a day. - We have a lot of recurring customers. - Our customer base includes hotels as well. - We used to make sales of GEL 50,000 before we stopped our operations and our profit margin was 20%. - The sales that are mentioned are for last year when the business was operational for 4 months. - We have not been operational for the last 4 months and have let go of the employees because we are looking to sell this business.