Growing in Profits, Established Garments ManufacturingListing: #OR00382
About this Business for sale in Quezon CityGrowing in Profits, Established Garments Manufacturing
With over 20 years of experience in the industry, this company provides quality, comfort and function to a variety of uniforms, casual and formal apparel including uniform accessories and corporate giveaways for various industries for clients both local and abroad. Their line of apparel includes uniforms, laboratory gowns, scrub suits, T-shirts, suites, caps including any or all their related accessories.
Production area is about 180 sqm with full time employees. Company utilizes outsource services to augment production. It is currently located on the ground floor of a property owned by the Seller that can be leased out for an agreed period of time. Lease terms are negotiable.
Seller is willing to provide proper training for up to a month free of charge and is committed to a smooth transition.
Reason for Selling: Retirement and no succession.
50% of their new clients are coming from their online traffic which shows their credibility in the market. Business is on a growing direction that the new owner can benefit from. Don’t miss this opportunity pre-COVID19. Business showed strong resilience during the pandemic having Purchase Orders amounting to a total of ₱9,634,286.88 which is only approx. 20% down from 2019 performance.
During the peak of pandemic, business was busy with manufacturing PPEs and frontliner uniform requirements. Current operations consist of 2 sewers that are stay-in, 2 sewers that are within the area and about 3 sewers whom sewing machines were sent to to cut goods. There are 5 existing subcon sewers who also cut goods.
A business that can whether through the hard times is a good business to buy! Inquire now!
+63 2 7900 8000
+63 917 514 4535
*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.