Business Summary

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Business for Sale > Croatian leather & fashion manufacturing company

Business Opportunity

Industry: Leather industry


Sector: Leather bags and accessoires manufacturer


SIC Code: 31110400 ACCESSORY PRODUCTS, LEATHER


Transaction Type:
Business for Sale

Country of Origin: Croatia |


Target Areas: Worldwide


Business Review

The Company was founded by in 1993 in Mali Bukovec, a small village not far away from the City of Varaždin. The Company has been founded in 1993 with the motto/slogan: “Fashion is a constant challenge” and quickly grew into a fashion house that is now one of the leading designer/producer/brand of leather/fashion accessories in SE European region.

Products
Fashion handbags - Business bags - Travel bags – Belts - Desktop sets - Accessories: folders, wallets, cases, vanity cases - Kit for carrying weapons/Hunting program - Gastro program - Promotional products – Military leather programme (gun holsters)
Services
Financial Information

Revenue 2015: EUR 1,250,000


EBITDA 2015: EUR 100,000


Asking Price: negotiable EUR


Highlights

- One of the leading leather manufacturers in Croatia/SE European region, factory 1 hour drive direction Hungary/Slovenia from Zagreb (capital of Croatia). The North of Croatia is a region with the long tradition and know-how in the leather industry and has been recognised by international brands from Austria/Germany (Boxmark) to start greenfield investment or create JV with local companies.
- Access to 500 million EU single market since Croatia became EU member in 2013.
- Opportunity to double/triple the production at the same location (implementing the second shift) or/and to start greenfield production/factory in nearby business zone by using EU structural funding opportunities (30 - 45% support from EU funding).
- Experience and expertise in leather industry in Croatia/SE European region for more than 20 years.
- Owner/CEO ready to support new owners 1 - 2 years in the managing and developing the business in Croatia/SE European region.

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