Manufacturing Company
Location China
Asking Price Range $1.0M - $2.5M
Gross Revenues $1000000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 20 - 34
Relocatable Yes
Number of Employees 20 - 34
Real Estate Leased
Training 6 months
Reason for Sale Personal
Description Fully foreign owned and invested manufacturing company based in Ningbo, China. Products include Plumbing components and valves.
The company enjoys special privileges including holding it's own Import and Export licenses. It exports to Australia and England. The company was registered 2 years agod but customers predate this when the director was trading only. The factory was established to control quality of manufactured product. With 9 years of business in China, the company has established a base of high quality sub contractors and suppliers.
Located in Ningbo City, the factory is close to Bei Lun container terminal with direct shipping all over the world.
The company represents and excellent opportunity for overseas manufacturers to quickly establish themselves in China.
A website was made this year and attracts at least one enquiry a week and the company will be attending a trade fair in Shanghai later this year.
There is excellent opportunity for immediate and large growth in sales.
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