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Designer Bag Manufacturing Company
KyushuApparelFeatured Listing
Asking price
¥50M
Business overview
[Business] - Operates one art-goods store and one workshop in the central-southern area of the Okinawa main island. - Sales over the last three fiscal years have remained stable at around ¥25 million. - The most recent operating profit was a loss of ¥2 million, but factoring in ¥4 million of miscellaneous income, cash flow is secured. - Executive compensation is ¥2 million received by the single owner. Other major fixed costs include approximately ¥3 million per year in wages for 6 employees and ¥3 million in rent for the store and workshop. [People] - Currently 6 employees. - Employs craftspe…