Need help?

Bag Retailer Equity Stake For Sale in Kolkata, India

Backpack business in Kolkata with online sales, 20 years of operations, seeks investors for marketing.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.02 million
Run Rate Sales USD 1.02 million
EBITDA Margin 4 %
Industries Bags Manufacturing + 1 more
Locations  Kolkata
Local Time 6:19 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 287 thousand for 10.0% stake (Native Currency: INR 25,200,000)
Reason: The company is not in requirement of funds, however, we need a marketing expert who can enter our bu... View More
Includes physical assets worth USD 2.87 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Business that manufactures, imports, and retails backpacks.
- The business is based in Kolkata, and has been operating for 20 years.
- Our products are sold through Instagram, Amazon, Flipkart, and Facebook. We also have our website but majority of sales happen on the other online marketplaces.
- Business has 20 machines that can produce 4,000 pieces per month. Current capacity utilization is 75%.
- Apart from our factory, we also import about 3,000-4,000 pieces per month from China.
- We have 25 contractual labor working on the factory in addition to the 20 full-time employees.
- Our business has a GST certificate.
- All the backpacks are sold under our trademarked brand.
Products & Services Overview
- Top-selling products are backpacks including sling bags, laptop backpacks, travel bags and gym bags for unisex users.
- Customers use these for daily commute, travel, hiking, and gym purposes.
Assets Overview
Tangible assets:
- Machines in the factory are worth INR 20 lakh.
- The major valuable asset is our warehouse located in a premium location. The land and building of the warehouse are valued at INR 25 crore.
Facilities Overview
- We have a rented factory of 3,500 sq. ft.
- We have an owned warehouse of 15,000 sq. ft.
Both the facilities are located in Kolkata.
Capitalization Overview
- Business funded by its own revenue and partially by an outstanding loan of INR 15 lakh.
- The business is owned by a single owner.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
4 Investors viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more