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Listing Id: 28998 Last Refreshed: 30/10/2023 Total Views: 723

Largest Textile Own Retail For Sale In This Location

Ternate, North MalukuFashionRetail
Asking Price: $450,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
Kelvin
Email Owner

Overview

  • Premise Type Office Building
  • Premise Size 3229 sqft / 300 sqm
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue $25,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit $18,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Planning to Retire

Description

Owner planning to retire as none of his kid are interested in taking over the family business.
Textile business is a booming business in the Indonesia market. We have the largest textile retail
in this very exotic Island in North Maluku Ternate. With over USD $220,000 worth of inventory, our business
is still operating. We sell a huge range for Batik, Kebaya, shirting, suits and goverment uniforms materials.
Business is still 100% operating with full manpower.
The Retail shop space has been purchase and its currently value estimated is around USD $215,000. Property in
this area keeps doing well with high % growth and location is in a prime area.
Price asking is IDR7B or USD$450,000 negotiable.

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