Business Overview
Established Singapore-registered manufacturer of specialized safety rainwear and technical workwear with a leased 2,000 m² Vietnam facility. Generates consistent ~USD 7–7.6 million annual revenue (white-label B2B model) supplying leading wholesalers and distributors across Australasia and Europe. 30 years of industry experience, long-term client relationships, and full compliance with international safety standards. Lean operations with strong growth potential in the expanding global PPE and workwear market. Attractive to strategic buyers seeking Vietnam manufacturing capacity, China+1 supply chain diversification, or vertical integration. Owners are retiring and the business will be sold debt-free.
Products & Services Overview
The business designs, develops, and manufactures high-quality technical safety rainwear, flame-resistant (FR) workwear, high-visibility clothing, and protective garments using advanced processes such as high-frequency welding. Products are supplied on a white-label basis to established wholesalers and distributors (including major names in Australasia and Europe) who serve construction, industrial, mining, emergency services, and infrastructure sectors worldwide.
Assets Overview
Physical assets include the machinery, inventory, raw materials and office equipment.
Intangible assets:
- Customer database.
- Supplier contacts.
- Domain name.
- Knowledgeable team for international accounts.
Facilities Overview
Modern 2,000 m² factory and office facility located in the established Dong Nam Industrial Park, Cu Chi District, Ho Chi Minh City, Vietnam. Long-term lease provides cost stability and operational security. The site includes production, warehousing, and administrative space with ample capacity for current volumes and future growth.
Capitalization Overview
The business is funded by its shareholders with no external loans or long-term debt.
Two of the current shareholders are involved with some day-to-day operations and are willing to train the new buyer to take over. The business could also be handed over to existing executives to run.
It will be sold completely debt-free.
