Footwear Company for Sale in Surat, India
Non-operational footwear upper materials manufacturer in Surat, India with steady clientele and 50,000 pairs/day capacity.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 570 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Footwear |
| Locations | Surat |
| Local Time | 9:43 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
114 thousand
(Native Currency: INR 10,000,000)
Reason: The shareholders have other core businesses that they would like to focus on.
Includes physical assets worth
USD
114 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Certificate of Incorporation
(523.7 KB)
ROC-Verification.pdf
(65.9 KB)
Business Overview
- The business is located in Surat and specialized in the manufacturing of footwear upper materials, catering to the needs of footwear manufacturers.
- Had a workforce of 10 employees and 50 laborers, with a capacity to produce 50,000 pairs of footwear uppers per day, indicating a high level of production capability.
- The business served a client base of 7 to 10 within the footwear manufacturing industry across India, reflecting an established market presence and potentially a diverse client portfolio.
- Its supply chain operated on a daily basis, fulfilled orders from 2 to 3 clients per day.
- The business began scaling down operations over the past year, with significant reductions in the last 6 months, and fully ceased operations about a month ago as the directors prepare to exit.
- The company has GST and MCA registrations.
- Had a workforce of 10 employees and 50 laborers, with a capacity to produce 50,000 pairs of footwear uppers per day, indicating a high level of production capability.
- The business served a client base of 7 to 10 within the footwear manufacturing industry across India, reflecting an established market presence and potentially a diverse client portfolio.
- Its supply chain operated on a daily basis, fulfilled orders from 2 to 3 clients per day.
- The business began scaling down operations over the past year, with significant reductions in the last 6 months, and fully ceased operations about a month ago as the directors prepare to exit.
- The company has GST and MCA registrations.
Products & Services Overview
Manufacturing of footwear uppers:The company specialized in producing upper materials for footwear, commonly known as "stripe" or "fiti. " These components form the parts of slippers, sandals, and other types of footwear, covering the toes, top of the foot, sides of the foot, and the back of the heel.
Clients primarily included footwear manufacturing companies.
These products are suitable for use in footwear of all sizes and types, including slippers, sandals, flip-flops, and more.
Assets Overview
Physical assets include manufacturing equipment, office equipment and vehicles.Intangible assets included in the sale include the client database, supplier contracts, entity name and registrations.
Facilities Overview
Rented manufacturing facility of 20k sq ft located in Bamroli, Surat.Rent is INR 2 lakhs per month.
The buyer can continue operations from this facility.
Capitalization Overview
Business is self-funded.No outstanding loans or liabilities.
There are 4 shareholders in the business.
Recent Activity
-
Earlier than 15 daysManager, Transportation, Mysore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCo-Founder/Director, Mobile And Electronics Traders, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysChief Investment Officer, Renewable Energy, Pune, Individual Investor / Buyer connected with the Business
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