- Manufacturers and Printers of corrugated carton boxes. All packaging custom-designed,pre-printed and manufactured to clients requirements
- Extensive range of packaging types, for all types of products and shipment needs, e.g. dry foods, fruit and vegetables, consumer goods, domestic appliances, wine and other bottled drinks
- Complies with all EU specifications for food grade or non-food packaging
- Profitable business catering to local market; cost of transportation compared to value of goods (packaging boxes) prohibitive for imports
- Top of the line Machinery and Equipment, impeccably maintained, with value at cost EURO 2 Mil
- Situated in extensive grounds (about 33.000 sqm) under 99-year Government leasehold
- Independently appraised Market Value of Land and Buildings EURO 12,5 Million.
- Total Tangible Assets including Land, Buildings, Machinery and Equipment EURO 15 Million
- Owners willing to consider several scenaria for a sale, namely:
1. Sale of the company, including the long-term land leasehold and the industrial building premises
2. Sale of the company only and sub-lease land and buildings (no relocation)
3. Sale of the company only, excluding leasehold land & buildings, and relocation to other industrial area
4. Sale and relocation of the manufacturing facility abroad and transfer of knowhow to buyer
Indicative Asking Price on an Asset + Goodwill Basis, excluding land & buildings (scenario 2 above) is €4.800.000, as follows:
• Machinery €1.000.000 (Value at Cost €2.000.000 all in perfect working order)
• Stocks, about €500.000 (estimated and subject to stock-taking)
• Debtors, about €1.300.000 (estimated collectible/problem free debtors, subject to due diligence)
• Goodwill, about €2.000.000 (about 30% of 2010 Sales; note that 2011 Sales will also be around €6,7M) |
