Footwear Company for Sale in Ja-Ela, Sri Lanka
For Sale: Renowned shoe brand with a complete factory setup and 28 perches of land.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 60 thousand |
| Run Rate Sales | USD 63 thousand |
| EBITDA Margin | 10 % |
| Industries | Footwear |
| Locations | Ja-Ela |
| Local Time | 1:01 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
240 thousand
(Native Currency: LKR 72,000,000)
Reason: The owners wish to retire.
Includes physical assets worth
USD
224 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Shoe manufacturer and retailer with its own brand.
- We supply shoes for the local market and for big players like Bata Pvt Ltd.
- We normally produce about 750 units of synthetic shoes (rexine) every month.
- This translates to monthly sales of about LKR 1.6 million.
- Pre-Covid we used to produce only leather shoes and goods, now we only produce rexine shoes.
- We need a team of at least 15 employees to handle the administrative and production process. No extra labour is hired.
- Highly experienced founder with immense knowledge of the Sri Lankan and Indian footwear market.
- We supply shoes for the local market and for big players like Bata Pvt Ltd.
- We normally produce about 750 units of synthetic shoes (rexine) every month.
- This translates to monthly sales of about LKR 1.6 million.
- Pre-Covid we used to produce only leather shoes and goods, now we only produce rexine shoes.
- We need a team of at least 15 employees to handle the administrative and production process. No extra labour is hired.
- Highly experienced founder with immense knowledge of the Sri Lankan and Indian footwear market.
Products & Services Overview
Gents formal and casual shoes.Leather and rexine (synthetic).
Rubber slippers.
Boots, safety shoes, and belts.
Assets Overview
Tangible assets.- Shoe factory machinery and equipment worth LKR 25 million.
- 28 perches of freehold land worth about LKR 22.75 million.
- Factory building and house building worth LKR 20 million.
Intangible assets:
- Legal entity.
- Brand name.
Facilities Overview
Owned factory of 2,500 sqft on 28 perches of owned land. The factory is a one-floor building, it is fully equipped with a CCTV system and 3 phase electricity.The land also has a house of 3,500 sq. ft. which is included in this sale.
Capitalization Overview
- We have an outstanding SME loan of INR 23.5 million from Sampath Bank.- There are two shareholders in the company.
Recent Activity
-
Earlier than 15 daysDirector, Epoxy Manufacturer, Bengaluru, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysMarketing Executive, Consumer Goods Trading, Colombo, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Safety Products, Kolkata, Individual Investor / Buyer connected with the Business
Tags:
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·Buy Boot Company in Ja-Ela, Sri Lanka
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