Apparel Wholesale Company for Sale in New Delhi, India
Non-operational garment renter and exporter with INR 30 crore deferred tax assets for acquisition.
Premium Plan
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Apparel Wholesale |
| Locations | New Delhi |
| Local Time | 10:40 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
164 thousand
(Native Currency: INR 14,000,000)
Reason: A non-operational company is available for sale under IBC which was engaged in the business of retai...
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Business Overview
- Established in New Delhi, this business was active in both retail sale and rental of clothes and apparel, while also offering garment export services.
- The company ceased operations 4 years ago, a direct impact of the COVID-19 pandemic.
- This firm is now non-operational and available for acquisition under the Insolvency and Bankruptcy Code (IBC).
- A prime fiscal asset includes a significant input tax credit on GST approximately valued at INR 2 crore.
- Prospective buyers can leverage brought forward income tax losses amounting to INR 30 crore, presenting substantial tax-saving opportunities.
- Despite its current non-operational status, the business model previously included popular services like garment exports and rentals, positioning it well for a potential relaunch.
- The opportunity involves acquiring a business with robust tax assets ready to be optimized by strategic investors.
- The company ceased operations 4 years ago, a direct impact of the COVID-19 pandemic.
- This firm is now non-operational and available for acquisition under the Insolvency and Bankruptcy Code (IBC).
- A prime fiscal asset includes a significant input tax credit on GST approximately valued at INR 2 crore.
- Prospective buyers can leverage brought forward income tax losses amounting to INR 30 crore, presenting substantial tax-saving opportunities.
- Despite its current non-operational status, the business model previously included popular services like garment exports and rentals, positioning it well for a potential relaunch.
- The opportunity involves acquiring a business with robust tax assets ready to be optimized by strategic investors.
Products & Services Overview
The business's top-selling services were exporting garments and providing garment rentals.
Assets Overview
Intangible assets: input tax credit of GST of around INR 2 crore and brought forward income tax losses of around INR 30 crore.
Facilities Overview
No facilities are being offered in this transaction.
Capitalization Overview
Has loans of INR 96 lakh from operational creditors.The company has 3 directors.
Recent Activity
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Earlier than 15 daysPrincipal Consultant, New Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysAssistant Lecturer, College, New Delhi, Individual Investor / Buyer connected with the Business
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