Profitable business for sale in automotive industry

Selling price: 800.000 EURO
Annual turnover: 1.356.075 EURO
Real Estate Value 0 EURO
EBITDA 119.536 EURO
County / City: România
Country: Romania
Short description
The story began in 2004 in Italy, where there was much talk of globalization and the fact that multinationals wanting to reduce costs will move their production to China, and those that remain will have to close because they could not cope with the low price. By weighing the pros and cons the decision was made that it is much more advantageous to move production to Eastern Europe where labor and taxes had a lower cost. The winning idea was that as a producer in Eastern Europe can offer the same services, the same guarantees and the same quality as any Western producer, but at the cost of an Asian manufacturer.Products and Services
The business is mainly focused on the production of small plastic parts for cars, both for the engine compartment and for the interior. The quality materials as well as the high precision processing have brought beneficiaries from all over the world, but especially from Europe.Operations
The loyalty program of the staff thought from the beginning showed its fruits. As a result of this program, there are currently staff employed since the beginning of the business.Tangible and intangible assets
The company has high-performance machines and qualified staff.Market and development potential
The very high potential of the factory to make special parts is due to the fact that it uses high performance machines, both vertical and horizontal. Also, a great variety of pieces can be executed, executing the mold according to the client's project or using the client's mold.Detailed information
Business established on 2024-01-23
Turnover from previous years 1.211.427 EURO
Trademark N/A
Goodwill N/A
Seller/bank financing 0 EURO
Approximate inventory 240.000 EURO
Inventory included in price Yes
Number of Employees 28
Support and training Yes
Reason for sale Retirement of the administrator