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Lucrative Automotive Business In Romania For Sale

Romania
Asking Price:
€800,000 Inventory / Stock included
Sales Revenue:
€1,356,075
Cash Flow:
€119,536

General description:

The story began in 2004 in Italy, where there was much talk of globalization and the fact that multinationals wanting to reduce costs would move their production to China, and those that remained would 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, one 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 attracted beneficiaries from all over the world, but especially from Europe.

Operations:

The loyalty program for the staff, thought from the beginning, has shown 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.

Business Operation

Expansion Potential:

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.

Reasons for selling:

Retirement of the administrator

Employees:
28
Years established:
2004

Other Information

Support & training:

Yes

Financing available:

No

Inventory / Stock value:
€240,000 - included in the asking price
Relocatable:
This business can be relocated.