Footwear Business With Modern Factory For Sale
Location Bulgaria
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 50 - 99
Relocatable Not Disclosed
Number of Employees 50 - 99
Real Estate Owned
Description Footwear business, including a contemporary factory with modern equipment and machines that conform to European standards, is available for sale.
The factory is located in the Bulgarian town of Peshtera which has a tradition in the manufacture of footwear. The factory has a site-cast concrete building of total area of 1800m built in 2005. The building includes a cutting lounge, a sewing line equipped with Drkopp Adler sewing machines and a workshop with a conveyer for assembling shoes. It is equipped with contemporary machines with tracing and programmability features such as a toe lasting machine Cerim K87TP, a heel seat/slides lasting machine Cerim K58TP, a heel nailing machine and a heel seat pounding machine Sabal. The factory has the necessary storage facilities for the materials and final products, office spaces, apartment lodging, yard and garage facilities.
The company produces mainly women and men casual shoes for Italy, Germany, Greece and Bulgaria.
The factory is situated in a very communicative place in Bulgaria - 30km from the main A1 highway and at the same time it is close to the mountain and has great views of Rodopa mountain and the town.
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