Great Opportunity for a Profitable Italian Bike Sportswear Brand
LOCATION: Valdengo, Italy
ASKING PRICE: €700,000
In business since 1980, this Company is recognized as one of the top brands sold world-wide in the cycling apparel and accessories industry. The company is known both for their own brand and for their customized team clothing and accessories. The Company’s expertise is in its high-quality designs, fabrics, and manufacturing capabilities, all based in Northern Italy, the hub for professional cyclist. The company leverages both the local craftsmanship and new technologies to continue to stay on top of the market. A perfect fit for any cycling company that wants to acquire a profitable, well-run business, and leverage a highly respected cycling brand to grow their business both in the US domestic and international markets. The company can be located anywhere, but it’s recommended the manufacturing stay in Italy. Owners are ready to retire to pursue other opportunities.
Location: Valdengo, Italy (Northern Italy)
Real Estate: Owned by the business owners, but not included in the sale
Intellectual Property: The brand I.P. can be purchased separately, or buyer can have the option to not buy it and pay royalties to the owner.
Building: 1077 square meters (approximately) – Building Sold Separately;
Land Value: €60,000, Building Value €158,000, Solar Panel Value €160,000.
Solar Panel Revenues: €16,000 yearly
Employees: 11 (including the owner)
Support & Training: Will train for an agreed amount of time for a smooth transition.