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BDT904,473,426  Business Chittagong

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  • BDT904,473,426
  • (GBP 6,500,000)
PROJECT COST IS £ 6 MILLION, WHICH COULD BE RECOVERED IN 3 TO 5 YEARS TIME DEPENDING ON PRICING/BUYERS.

LOCATION & FACILITIES OF THE MANUFACTURING UNIT :

Chittagong Export Processing Zone (CEPZ) is the first and the largest Export Processing Zone of Bangladesh established in 1985, having all the infrastructural facilities for manufacturing units for 100% export only.

CEPZ is only 15 minutes away from Chittagong port (the main port of the Country) and 20 minutes away from Chittagong Int`l Air Port.

Some of the important facilities include : one stop service for all import/export formalities, availability of skilled and semi skilled workers, uninterrupted electricity supply, TAX EXEMPTION for the first 10 years of commercial operations, duty free import of machinery, raw-materials and office furnitures, safe business environment.

SCOPE OF WORK & ITEMS PRODUCED BY THE MANUFACTURING UNIT :

100% export oriented garments manufacturing factory located in Chittagong Export processing Zone in Bangladesh. Mainly involved in sewing and exporting of Woven Bottoms/Pants. 5 Pocket Basic long Pants, Chinos, Skirts, Jegging, Cargo shorts, Capri, etc. made of 100% Cotton, Twill, Canvas, Corduroy, poplin fabrics, etc..

PRODUCTION PREMISES :

The unit has Two Buildings with RCC Roof on two plots in Chittagong Export Processing Zone. Each building has RCC foundation for 3 levels (90,000 Sft) but completed two levels in each of the buildings. So in 2 buildings the unit has total four floors having total space of 70,000 SFT including staff canteen, security, child care & nursing, office, display and sample rooms as follows :

Raw-material Store : 10,000 Sft
Cutting : 5,000 Sft
Sewing Floor : 20,000 Sft
Finishing Floor : 20,000 Sft
Sample Section : 5,000 Sft
Office, Canteen & Others : 10,000 Sft

In addition to the above covered space, the unit has open space of over 10,000 Sft for Import & Export Container loading and unloading.

The Property is surrounded by brick-wall with barbed wire


MACHINERY, PRODUCTION CAPACITY & YEARLY TURNOVER :

700 nos garments sewing machinery consisting of Single needle, Double Needle, Over Lock, Feed Of the Arm, Kansai (waist band), Bar Tacking, Button Attach, Button Hole, Eye let hole, riveting, ironing, cutting M/C, Needle Detector, Thread sucker, Fabric Checking, etc..

With the above machines the unit has 10 lines making 3 million pcs basic 5 pockets pants or 1.8 million pcs cargo shorts in a year. Yearly turnover is £ 12 million.

WORK STRENGTH :

1200 consisting of skilled and semi skilled workers, 90% of the work force is female.

COMPLIANCE CERTIFICATION :

BSCI, WRAP, Mango, Zara, George, Tesco, Primark, Wal-Mart, Sears/K-Mart.

EXISTING BUYERS :

Charles Voegele, Goerge, Tesco UK & CE, Primark, Mango, Zara & Wal-Mart.

BANK :

Eastern Bank Ltd. extending raw-materials importing and financing facilities.

KEY MONTHLY FINANCIAL FIGURES IN £ :

Sales : 1,000,000
Less COGS : 750,000

Gross Profit : 250,000

Less SGA : 100,000
(Salary/Wages : 65,000, Utility Bills : 8,000, Various Service payments : 16,000, Bank & Commercial Expenses : 4,000, Contingencies : 7,000)

Net Profit : 150,000

THIS UNIT IS STILL ENJOYING TAX HOLIDAY BENEFIT UPTO 2020

COMPLETION OF TRANSACTION/HANDOVER :

Once an agreement is reached and payment is made the unit can be handed over immediately.

PROJECT COST IS £ 6 MILLION, WHICH COULD BE RECOVERED IN 3 TO 5 YEARS TIME DEPENDING ON PRICING/BUYERS.

LOCATION & FACILITIES OF THE MANUFACTURING UNIT :

Chittagong Export Processing Zone (CEPZ) is the first and the largest Export Processing Zone of Bangladesh established in 1985, having all the infrastructural facilities for manufact...

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