We made a contact with the owner of the company which is on the sell. The main activity of the firm is the industrial production and it is a leader in this field on the global level. The distribution is organized all around the world (USA, Canada, Japan, Korea, France, Germany, Scandinavian countries...) Headquarters is in Pula, the region of Istria, Croatia. It has 17 employees.
Company revenue was EUR 1,200,000 in last year. Profit from 65,000 - 80,000 Euros, depreciation is on the same level. The company currently records weaker indicators because of the current situation on the market. The owner has two companies and he is overburdened with a lot of operations. For this reason one wants to sell it.
The selling price of the firm is 1,500,000 Euros (business exclusively). The owner has bought the peace of land where he wanted to build a production hall, average 1.300 m2. He has all the necessary permits for construction. There is a possibility to sell land, together with the company. In this case the selling price is 1,850,000 Euros. In the sell moment the company will be released from all the credit obligations. Profitability in that moment will be approximately from 250,000 to 300,000 Euros at year. Contact for more information on this Manufacturing business for sale.