Leather Goods Business Investment Opportunity in Vellore, India
Well-established manufacturer of genuine leather accessories with monthly production capacity of 3,300+ units of accessories.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 71 thousand |
| Run Rate Sales | USD 71 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Leather Goods |
| Locations | Vellore |
| Local Time | 4:15 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
11.8 thousand
for
40.0%
stake
(Native Currency: INR 1,000,000)
Reason: We require an investment to expand our scale of operations and that involves purchasing new machiner...
View More
Includes physical assets worth
USD
4.1 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
(83.5 KB)
Our Product - Leather Bag
(53.2 KB)
Business Overview
- We manufacture and sell leather wallets, jackets, and bags. Our business utilizes all types of leather for instance: cow, sheep, and goat.
- Our business has 10 active clients based in Kerala. These clients are wholesalers and exporters.
- The business was not operational during the pandemic and has restarted operations now.
- The factory has a monthly production capacity of 3,000 leather wallets, 200 leather jackets, and 100 leather bags.
- The pricing range of our products is INR 100 - 1,000 for the wallets, INR 1,650 - 4,000 for the jackets, and INR 1,200 - 3,000 for the leather bags. The net margin on our products ranges from 11% - 13%.
- Prior to the pandemic, the workers used to be compensated on a piece-rate basis, however, the business supports them currently despite being non-operational. The workers receive a monthly stipend of INR 6,000.
- The business has 1 fixed supplier. This supplier is a family member of the promoter.
- We generate leads through online portals such as IndiaMART and TradeIndia. The business has an offline marketing team consisting of 3 individuals that promote their products in Kerala and Tamil Nadu.
- Our business has 10 active clients based in Kerala. These clients are wholesalers and exporters.
- The business was not operational during the pandemic and has restarted operations now.
- The factory has a monthly production capacity of 3,000 leather wallets, 200 leather jackets, and 100 leather bags.
- The pricing range of our products is INR 100 - 1,000 for the wallets, INR 1,650 - 4,000 for the jackets, and INR 1,200 - 3,000 for the leather bags. The net margin on our products ranges from 11% - 13%.
- Prior to the pandemic, the workers used to be compensated on a piece-rate basis, however, the business supports them currently despite being non-operational. The workers receive a monthly stipend of INR 6,000.
- The business has 1 fixed supplier. This supplier is a family member of the promoter.
- We generate leads through online portals such as IndiaMART and TradeIndia. The business has an offline marketing team consisting of 3 individuals that promote their products in Kerala and Tamil Nadu.
Products & Services Overview
Manufacture and sell leather wallets, jackets and bags. We utilize all types of leather for instance: cow, sheep and goat.
Assets Overview
Business owns 4 sewing machines and other equipment like flat bed, single bed, cylinder bed, hydraulic embossing machine, hydraulic pressing machine, and skiving machine.Business also owns some computers and AC units.
Facilities Overview
Renting a 1,500 square feet manufacturing facility. Paying a monthly rent of INR 14,000. The business has already paid a deposit of INR 2 lakh.
Capitalization Overview
Not Disclosed
Recent Activity
-
5 days agoDirector, Commodity Trading, Abu Dhabi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Digital Marketing Agency, Vadodara, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysGrowth Partnerships Manager, FoodTech, Riyadh, Individual Investor / Buyer connected with the Business
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1 Investor contacted this Business this week.
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