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Businesses For Sale   >>   Italy Businesses For Sale Categories   >>   

Italy Shoes And Handbags Manufacturing

Location  Italy
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $5000000
Net Profit / Cash Flow  $1500000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1967
Number of Employees  10 - 19
Inventory  2000000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  Yes, up to 2 years.
Reason for Sale  Retirement of owner.
Description  2 factories. 1 handbags factory with 5,000 and more models made in the last 45 years. Business owns 1 world known brand and skilled workers. Building near Milan included in the deal. Building is an old building from the 30's, totally remodeled with a private apartment. Apartment is 230 square metres, factory 700 square metres, located in a great neighborhood, with all licences. Garden and 6 car garage included. The building itself is valued almost euro 2,000,000. The price of 3,000,000 includes the building, the license, the thousands of models, almost 800,000 euro worth of stock, a world renown brand, one of the best customer's list available in the market. Owner can help up to 2 years new owner. 1 shoe factory of high end shoes, with long time contracts with some of the most famous brands in the world. All machinery, shack and skilled workers, also thousands of models, lasts etc. All machinery in perfect conditions, not 1 day of work stop in the last years, business planned for months ahead, with loyal customers. Owner will stay for as long as 2 years to help new owner. Selling for retirement. Asking price euro 3,000,000 for handbag factory, 2,000,000 for shoe factory. Returns in less than 2 years. Please contact owner directly for more information on this Italian Shoes And Handbags Manufacturing business for sale.
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