Excellent business opportunity! Luxury footwear industry that manufactures for French luxury brands.
Production of footwear:
- Lady footwear;
- Casual footwear;
- Fashion footwear.
Main Clients: Internacional retail stores, mainly french market.
Founded in 1985.
More than 70 staff.
Location North of Portugal.
Main Assets:
- Production machinery (35 sewing, 2 nozzle fitters, 2 equalize, 1 footwear fitter, 3 vamp welding);
- Transportation vehicles;
- Photovoltaic panels.
Before COVID, the company had an EBITDA exceeding 2M. Some clients went bankrupt due to COVID. In 2020, the company experienced a revenue drop from 15M to 9.8M, and the EBITDA decreased to €891,000. It has been recovering and growing in recent years.
There is significant growth potential, aiming to return to pre-COVID results.
Asking price €5.400.000. (NPV) - ``Zero Cash``
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If you want to know more about a particular company, please feel free to contact us, and we will gladly provide you the company's confidential report, as well as more details regarding the operation at stake.
