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Men's Clothing Business for Sale in Mumbai, India

For Sale: Men's garments, available at 800+ retailers & have exclusive gondola (Kiosks) at 350 retailers.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2 million
Run Rate Sales USD 160 thousand
EBITDA Margin 18 %
Industries Men's Clothing
Locations  Mumbai
Local Time 10:17 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.3 million (Native Currency: INR 100,000,000)
Reason: We have been able to create leadership in the category and want to partner with someone who is willi... View More
Includes physical assets worth USD 1.1 million
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Business Overview

- We manufacture trousers and jeans for men.

- The manufacturing of the product is outsourced to tailors and on a contractual basis.

- For 50% of the products the fabric is bought, and the designing work is done in-house.

- Stitching is then outsourced to tailors in Mumbai, Ahmedabad, and other cities.

- Remaining products are manufactured by other firms on a contractual basis.

- We have two registered brands that are trademarked.

- We are also listed on Amazon. In the process to get listed on Flipkart, LimeRoad, Paytm, and other websites.

- Also, export to a few retailers in Kenya, Sri Lanka, Mauritius, and Curacao.

- Selling to 40+ retailers in Mumbai and 16 distributors located across 18 states.

- We do not have any contracts with any companies. We work as and when we receive an order.

- Have 10-11 salespeople who are located in different cities to take orders.

- 15% of our sales are from Mumbai,

- Have given out free racks that have been installed in 350+ stores across India.

- Have a tie-up with a logistics company that transports the products to the clients.

- Sales have dropped due to the pandemic.

Products & Services Overview

We manufacture men's jeans and trousers.

Assets Overview

Assets include office furniture, raw materials, rental deposit, racks, and stock. The stock is worth INR 6 crores.

Facilities Overview

Currently using 3 premises. Owned space of 1,400 sqft with a monthly rent of INR 75,000. The place is used for sampling, This premises is not included in the transaction. The second premises is an office that has a space of 800 sqft which has a monthly rent of INR 45,000.

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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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