Asking Price :

Turn Over :

Adjusted Net Profit :

Value of Fixed Assets :

Stock Value :

Years Established :

Employees :

Summary :

Shoe production with massive room for expansion.

Full Description :

Factory focuses mainly on production of shoes. It has long established customers. Production is intended mainly for the local market. Leading clients of the company are retail chains and dealers from North-East Bulgaria. The company produces also working outfit shoes for some leading industrial companies in the area. The company is an ideal acquisition target for foreign investors pursuing to penetrate into South-East Europe and gaining significant advantage of the low labor costs. Current production facilities are not used to full extent. Current monthly production is at around 2000 pairs per month. Production capacity can be increased up to 15 000 – 18 000 pairs per month with current equipment.

Opportunities & Expansion :

Location Description :

The factory is situated within the limits of the industrial part of the town of Byala, on the main road Varna – Bourgas. Byala is situated to the Black Sea coast, and is a very popular tourist destination as well. It is located at around 50 km from the city of Varna and at around 70 km from the city of Bourgas. Both areas are experiencing an economical boom within the last 2 years, with quickly increasing population and investments.

Competition Market :

.

Franchise :

No

Site Location :

Eastern Bulgaria, city of Byala

Living Accomodation :

.

Leasehold/Freehold :

Freehold

Years left on Lease :

-

New Lease Available :

No

Rent :

0

Rates :

0

Approx. Sq Foot :

-

Trading Hours :

-

What's forsale :

Company own real estate is as follows:
Property description (Sq Metres)
Main Production Corpus 2970
Adjacent plot 6040
Garage, electricity plant 204
Adjacent plot 9060
Other production facilities 1398
Adjacent plot 1470
TOTAL BUILD AREA 4572
TOTAL ADJACENT PLOTS 16560

The property has all types of communications for industrial needs built up. The property is equipped with adequate constructions for the main factory activity. Buildings are constructed and entered into exploitation in 1993-1994. Most buildings are in good condition, with only basic or no repair needed. Pictures can be sent upon request.

The property has all types of communications for industrial needs built up. The property is equipped with adequate constructions for the main factory activity. Buildings are constructed and entered into exploitation in 1993-1994. Most buildings are in good condition, with only basic or no repair needed. Pictures can be sent upon request.

MACHINES AND EQUIPMENT
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The production ground (platform) has built all types of installations for normal production processes. The main production equipment has all equipment needed for the production of shoes. Main equipment and machines are in good technical condition.

PRODUCTS
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Main production of the factory is shoes. Pictures of the products are available. The produced shoes are with good quality.

Support & Training :

Owner will stay on to give training and introductions

Reason for Selling :

Change in personal circumstance

Ecommerce Site :

No

HomeBased :

No

Relocatable :

No

Franchise :

No

Current Status :

Forsale

Listing Status :

NOT VERIFIED