Garments and Textile Business

For sale by Namal Abeyratne 6 Dec 4:50 pmKandy, Kandy

Rs 12,000,000


Business includes two sales outlets located in Rajagiriya, Colombo and Kandy with stocks of (blank) respectively, along with the garment factory based in Kandy including machinery, pattern blocks material stocks in trade, staff etc.
Staff includes qualified salespersons and expert garment factory employees skilled in sewing, sample making and the finishing of garments.
Contracts, sales orders and marketing tactics used for wholesale supply of garments included, along with places to buy the best material at the lowest cost such as export garments excess material, and various garment accessories for minimum cost to hit the 75% profit margin. This includes introducing buyers to garment factory brokers and cut-piece agents.
Seller willing to educate and train buyer on block/pattern making, fabric layout and cutting methods, marketing tactics and delivering garments to existing wholesale business chains.
Seller is also willing to educate the buyer on methods such as writing effective and well-put project reports used to obtain numerous low interest, small and medium enterprise loans. This manufacturing business is entitled to obtain these loans from the Central Bank of Sri Lanka through state and private sector banks.
Name and goodwill of 27 year old business included.
Wholesale supply - yearly sale of 8 million (50% profit)
Kandy retail outlet - yearly sale of 3.6 million (70% profit)
Colombo retail outlet - yearly sale of 4.8 million (70% profit)

All of the above priced at 120 lakhs (negotiable).
Business is being sold as owners are migrating.

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