Bags Manufacturing Company Investment Opportunity in Mumbai, India
|Employees||100 - 500|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 4.3 million|
|Run Rate Sales||USD 4.3 million|
|EBITDA Margin||3 %|
|Local Time||8:33 PM Asia / Kolkata|
|Listed By||Advisor / Business Broker|
- Successful business model: The company began with INR 5,000 loan and has since grown into an INR 35-crore luggage brand, showcasing its successful and scalable business model.
Own manufacturing: The business is the only recognized direct-to-consumer brand in soft luggage with its own manufacturing unit, giving it control over the quality, costs, and production timelines.
Wide product portfolio: The company offers a broad range of products including laptop backpacks, school and college backpacks, soft luggage, duffle bags, hiking bags, messenger bags, women's bags, and accessories.
Diverse brands: The company caters to different customer segments through its four distinct brands.
Multi-channel sales approach: The company uses a diverse sales strategy including traditional retail stores, e-commerce platforms, and direct-to-consumer through its own website.
High customer satisfaction: Customer reviews indicate high satisfaction with the quality and price of the products, which contributes to brand loyalty and repeat purchases.
Growth and expansion: The future plans of the company, including a state-of-the-art manufacturing facility, a plan to bring more retailers online, increased D2C sales, and expanding product categories suggest promising growth and expansion potential.
Investment in technology: The business has made strategic investments in technology to streamline its manufacturing process, ensuring every product listed online is integrated with its in-house custom-made ERP system.
Social responsibility: The company is planning campaigns in association with NGOs highlighting its commitment to social responsibility.
The company offers a wide range of bag and luggage products under different brands, targeting various segments of the market. These product categories include:
School & college backpacks.
Soft luggage (travel suitcases, carry-ons, etc. )
Women's bags & accessories.
Additionally, the company also offers manufacturing services as it has its own manufacturing unit. It provides these services to both its own brands and potentially to other companies as an Original Equipment Manufacturer (OEM).
The manufacturing unit in Mahim and also the machinery and stock comprise the physical asset value of the business.
The manufacturing unit in Mahim is also the head office. Retail stores in Andheri, and Bangalore. Presence across 22 warehouses in India in collaboration with Amazon.
Business is bootstrapped and self-funded as of now. 100% equity of the company is held by 2 shareholders of the same family.
11 hours agoDirector, IT Consulting - HR Services, Bangalore, Individual Investor / Buyer connected with the Business
1 day, 2 hours agoOwner, Supermarket, Vadodara, Individual Investor / Buyer connected with the Business
1 day, 2 hours agoStrategy Head, Insurance, Nairobi, Individual Investor / Buyer connected with the Business