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Garment Corporation For Sale
Location: Indonesia
Industry: Manufacturing > Clothing and Footwear Manufacturing




Business Summary

The company has been in business for more than 32 years. The company has been listed in the Jakarta stock exchange and Surabaya stock exchange - now Indonesia stock exchange (idx) since 1990, and very well known in the garment and textile industry.

The company has been very successful for the last 32 years in import and export. Clients come from all over the world, japan, Europe, USA, Canada, etc.

To name a few of the company's former major clients are Macy's, Levi's, New Balance, Polo and Gap.

Now the company is ready to sell its whole business to qualified buyer!

With this transaction the buyer will own approximately 94% of the corporation, which entitles the buyer to acquire capital from the market by offering shares to the public thru Indonesia stock exchange.

The buyer will also have acquired an enormous land with a total area of approx 30,000 m2 and factory buildings with total area of 17,195 m2 at a very strategic location in Jakarta, Indonesia, very close to Jakarta Soekarno-Hatta international airport. The land has the potential to be developed into residential or commercial area. The land itself, based on market price, is worth at least $6 million to $7 Million.

The buyer will also be able to freely and favorably by the Indonesian government to conduct any form of business in Indonesia and easily acquire credit from banks in Indonesia.

With the growing of the global economy, and considering the booming of the stock market and economy in Indonesia, this is a very lucrative opportunity!

Please note that this transaction is a WHOLE company transaction, it will include all assets of the company, including shares, real estate, buildings, garment and textile machineries, and etc...

The seller guarantee that the company has zero liability and zero taxes owed.

The seller has decided for a quick sale and has lowered the asking price to $8,500,000.

Please call for only serious and qualified buyers. Thank you.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $2,000,000
Cash Flow:   $1,000,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1978
Number of Employees:  > 200
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale




Print Listing Id: 700144983
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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