Fashion Bags Manufacturing Up for Grabs!Listing: #AL00118
About this Business for sale in Metro ManilaFashion Bags Manufacturing Up for Grabs!
Technological Secret Advantage to Bag Manufacturing
This fashion bag manufacturer has been in business for the last 16 years. It produces handcrafted bag made of local indigenous weaving materials in combination with metal and other fashionable closures to enhance the artwork of the bags or purses.
It has participated in prestigious trade shows like the country’s premier lifestyle show, Manila FAME. It joined the Department of Trade-sponsored exhibits of Manila Fashion Connect and Manila Fiesta. It also partook at the Trade Exhibition show in Shanghai, and Naning City, China through the sponsorship of CAEXPO every September of the year by (DTI) Department of Trade and Industry coordinate by China Trade.
The business continues to provide handcrafted bags to both local and international wholesale buyers like Japan, Denmark, U.S. and Brazil. Priced at P 6 million, it is the only producer of a special mold, specific to the stylish bags. They can cater to wholesale buyers’ commissioned designs and requirements. It provides local stores and wholesale suppliers, as well as department stores and boutiques. Operations are held at the owner’s home and rented building in Marikina.
Future investors can take advantage of the technological and innovative know-how to produce high quality molds. It has the potential to expand to other applications like decorative household goods, novelty items, etc. It also has the potential to increase sales through a bigger presence on digital and online marketing.
RFS: owner is ready to retire and move to the agri-business
Included in the sale are the following:
- -social media accounts
- -supplier list and contacts
- -Customer and sales data
- -family-type business operating system
- -integrated payment facility to suppliers
Make the call now!
Benjie Tabayag at mobile +63949-5066785 (smart) or +6391-64169193 (globe)
***Strict confidentiality applies***. To this end, further details of this business will only be disclosed following a personal meeting with the broker and a completion of a Confidentiality Agreement. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared.
Due to the confidentiality of this business a stock photo image may be used to represent the business and the actual location has been withheld. Please contact the broker for further details.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.