Profitable manufacturing and project design company with international references. Located in Izmir, the 3rd biggest city in Turkey, they design, manufacture and implement informational and directional signage solutions to subways, airports, hotels, schools, shopping centers, banks, supermarkets, hospitals, highways, factories etc.
The company has 35 employees. It is among the market leaders in it sector in TURKEY and enjoys international company name recognition in Europe and Middle East.
In addition to countless large Turkish client base including Grand National Assembly of Republic of Turkey, among its international customers are Citibank, Coca Cola, Glaxo-Smith Cline, IBM, HSBC Bank, Mc Donald’s, Mercedes Benz, Roche, Unilever, British American Tobacco, The Hilton Hotels and Sheraton Hotels.
The Company has been making profit continuously for the past 5 years. Expected turnover for 2009 is 2,1 Million USD. Gross profit margin is roughly 40% while after-tax net profit margin is 12%. The forecast balance sheet for 31 December 2009 indicates that the company has 2 Million USD in assets while sum of short-term debt and long term-debt is 1 Million USD.
The asking price of the business is 2.8 Million USD.
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