The company has been in business for more than 27 years. It is listed in the Jakarta Stock Exchange and Surabaya Stock Exchange, and very well known in the garment industry.
It has all of the most sophisticated, high-tech, and expensive manufacturing equipments made in Germany. The factories include all of the integration downstream in the garment industry: Knitting, finishing, yarn dyeing, piece dyeing, embroidery, printing & garment. In other words they can make it from raw cotton to the finishing state, specified by clients, ready to wear. The company has been very successful for the last 25 years in import and export. Clients come from all over the world, Japan, Europe, US, Canada, etc. To name a few of the company's former major clients are Macy's, Levi's, New Balance, Polo and GAP.
The price not only includes the business, all equipments (factories) and its enormous real estate or land, but also an office building with its real estate or land included!
The company has just been recently appraised for more than $10 Million (not including goodwill). Such high caliber of a company is very hard to come by.
This business is for sale or it can be a partnership, whatever suits the buyer best. The seller has decided to sell based on property value and do not include any goodwill for quick sale.
REDUCED FROM $8.5 Million! Asking price $5,500,000! OBO. All cash for takeover purchase.
This is an asset sale only and the right for your company to issue stocks in Indonesia. This is also an opportunity for you to purchase a company for a price substantially below the market value.
As you can see the seller asking price is less than the appraised value.
The company has been approved for $2,000,000 of working capital by a domestic bank in Jakarta, this added benefit will be included for the buyer. Contact for website and more information on this Garment & Textile business for sale.