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.
Full Sale
Asking Price:
USD
83 thousand
(Native Currency: INR 7,500,000)
Reason: The owner is shifting abroad and wants to sell this business.
Includes physical assets worth
USD
72 thousand
Interested to connect with advisors
In talks with 3 Investors