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Industrial Clothing Business for Sale in Gurgaon, India

Company manufactures industrial safety hand gloves made from high-grade industrial clothing for sale.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 110 thousand
Run Rate Sales USD 130 thousand
EBITDA Margin 20 %
Industries Industrial Clothing
Locations  Gurgaon
Local Time 5:55 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 95 thousand (Native Currency: INR 7,500,000)
Reason: The owner is shifting abroad and wants to sell this business.
Includes physical assets worth USD 80 thousand
Interested to connect with advisors
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Business Name
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Documents
GST Certificate
Business Overview

- Our company manufactures & supplies industrial safety gloves that are used by workers in factories & industries in order to provide them with additional safety whilst working.

- The manufacturing is done at our in-house facility. The gloves are sold under our company's brand name. This is the only product that we manufacture. We have multiple SKUs depending on designs & sizes.

- We sell our products to a network of about 30 distributors who further sell them to factories & industries across Haryana, Uttarakhand, Punjab, Delhi, and Gujarat. This stream of revenue contributes to 50 percent of the company's entire revenue.

- The remaining 50 percent of revenue is generated by selling our products directly to 5 clients. These clients are essentiality manufacturing companies who provide us with recurring & large purchase orders.

- Our business is entirely debt-free with no outstanding business loans, overdue, or defaults.

- The company has one owner who has 100 percent ownership of the business. There are no outside investors or shareholders.

Products & Services Overview

We manufacture safety gloves specifically used by industrial workers in order to provide them with additional safety whilst working in factories & industries.

Assets Overview

Physical assets include:

- Manufacturing equipment & machinery worth INR 45 lakh.

- Inventory of finished products & raw materials worth INR 15 lakh.

- Interior fittings & furniture of the facility along with laptops & printers.

Facilities Overview

- The business runs operations from a rented facility spread across 2,500 sq. ft. in Gurgaon, Haryana.

- The facility is used as an office space, manufacturing unit, and warehouse. The monthly rent is INR 20,000.

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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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