FOR SALE One of Estonia’s oldest and best known clothing businesses
|Sale topic||For sale company|
|Industry||Manufacture of textiles or clothing|
|Person count||Full-time 90 persons|
|Adjusted revenue||3 347 000 EUR|
2 000 000 EUR
Almost all machines and equipment have been renewed in the last few years.
The products’ quality meets EU standards – over half of production is sold in the Nordic countries and other European countries. Possible new customers abroad: Japan, Spain, Russia, America.
The business has contracts with all large chain stores in its home market.
Asking price justification
The value of the stock is around 1 400 000 euros, the value of the equipment around 750 000 euros and earnings before interest, taxes, depreciation and amortization 750 000 euros.