Footwear Business for Sale in Mumbai, India

PETA approved vegan footwear, handbag & scarves-neckties manufacturer working on order basis with low overheads.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 80 thousand
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
5:29 AM Mumbai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 150 thousand (Native Currency: INR 11,400,009)
Reason: Business has potential to grow more but the promoter has to manage time and resources because of the... View More
Interested to connect with advisors
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Business Name
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Documents
Sales Pitch
Migration to GST
Business Overview

- The firm has the complete setup to kick-start the operation. The production is based on the model of adopting factories and using their services to manufacture and we manage end to end process from sampling, designing, production to final packing.

- It was non-operational from January 2018 until May 2019. When operational, we executed orders for major brands in the retail like Hypercity, Central, Future Group brands including Big Bazaar, Ethnicity.

- On an average we delivered 5k to 8k pieces per order and the firm used to generate a revenue of INR 40+ lakh per year.

- Have solid network with vendors to supply us the raw material.

- The firm has high goodwill in the market, good relationship with Future Group and solid vendor network. Post acquisition, the owner is willing to help during the transition phase.

- Have a sample of 30+ bags and few samples of footwear.

- It's a readily available business for sale and we are inviting interested buyers for takeover.

- Have done valuation of our business which is INR 1.15 crore and we would be open for negotiation.

Products & Services Overview

- Vegan non-leather footwear and handbags.

- Sarees, Scarves, Stoles, Neckties, Fashion Jewellery.

Facilities Overview
Recent Activity
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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.
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