Hanger Manufacturing Business For Sale

Business Description

Hanger making machine for sale. Number of machines - 3 Raw material(steel wire) - 10 ton(approximately) Any laundry business cannot survive without hangers. And currently there are no companies manufacturing hangers in Bahrain. Around 2000 boxes of hangers are imported from Saudi Arabia every month. Price of per box of hanger is BD 7.100 and is approx 10.5 kg in weight. Price of 10 ton raw material is BD 3000 i.e BD 3.200 per box. The profit margin is around 30% after all the expense. We purchased these machines in January last year but couldn't get the required permission. All the machines and materials are imported from China and in good working condition.