Fashionwear manufacturing business for takeover including business name and clientel.
1. Established 35 years
2. Annual turnover for the last few years: about $1M.
3. Net Profit for the last 2 years: more than $150K per year.
4. No. of fulltime workers: 10
5. Factory space: 3 units JTC . Total area 3600 sq ft. fully airconed.
6. Monthly rental: $4k+
7. Machinery and equipments:
a. Industrial straight sewing machine: 4
b. Buttoning machine: 2
c. Button hole machine: 1
d. Key hole button hole machine: 1
e. Snap button machine: 1
f. 5 thread overlock machine: 1
g. T shirt machine: 1
h. KM 5″ cutting machine: 4
i. End cutters: 2
j. Long cutting table: 2
k. Industrial Ironing Boiler complete with vacuum tables and iron: 2
l. Gerber CAD Cam system with 2 computers: 1
m. Plotters: 2
8. Production Facilities: Partner factories in China and Batam.
9. Vehicle: 1 Nissan NV350 van. 3 years old.
10.Operation: Pattern development and sampling done locally. Production done overseas with partner factories.
11.Optional Understudy before takeover upon payment of non refundable fee of $50k. Maximum period 3 months. Or
Mentorship after takeover for a maximum of 3 months with mentorship fee $4k per month.
12. Reason for selling: old age Retirement