Leather Goods Company Investment Opportunity in Chennai, India
Chennai based manufacturer and exporter of finished leather goods with a company owned manufacturing unit.
This transaction has concluded.
Premium Plan
| Established | 30-40 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.52 million |
| Run Rate Sales | USD 1.05 million |
| EBITDA Margin | 10 - 20 % |
| Industries | Leather Goods |
| Locations | Chennai |
| Local Time | 4:20 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
1.05 million
for
60.0%
stake
(Native Currency: INR 90,000,000)
Reason: Wish to do Islamic way of business by making complete settlement of bank loans.
Includes physical assets worth
USD
1.76 million
Interested to connect with advisors
Documents
Business Overview
- Have a company owned manufacturing unit in Chennai that has a capacity to produce 5 lakhs Sq. Ft. of leather per month.
- We deal in cow, buff and goat finished leather.
- 90% of our products are exported to European countries and 10% are sold locally.
- All the orders are backed by 45 to 90 days letter of credit.
- We are one of the star export houses recognized by Government of India.
- Revenue has reduced due to covid.
- Business is looking to give majority stake as one of the directors is no longer part of the company.
- We deal in cow, buff and goat finished leather.
- 90% of our products are exported to European countries and 10% are sold locally.
- All the orders are backed by 45 to 90 days letter of credit.
- We are one of the star export houses recognized by Government of India.
- Revenue has reduced due to covid.
- Business is looking to give majority stake as one of the directors is no longer part of the company.
Products & Services Overview
Manufacturing and exporting of cow, buff and goat finished leather products.
Assets Overview
One acre land and building, machines - through feed sammying, splitting, shaving, wet and dry drums, setting, buffing, roller coating, spraying and plating machines.
Facilities Overview
Company owned manufacturing unit on a land of one acres.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, Pharmaceuticals, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysConsultant, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysPartner, Leather Products, Chennai, Individual Investor / Buyer connected with the Business
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