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Men's Clothing Company for Sale in Kanpur, India

Acquire a men's clothing manufacturer in Kanpur, UP with 31 stores and 35 national outlets.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1.9 million
Run Rate Sales USD 1.97 million
EBITDA Margin 10 %
Industries Men's Clothing
Locations  Kanpur
Local Time 12:34 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.76 million (Native Currency: INR 150,000,000)
Reason: The owner is old and wants to retire and move to Dubai, his only son does not want to take over and ... View More
Includes physical assets worth USD 1.3 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
1. Location: The business is strategically located in Kanpur, Uttar Pradesh, an industrial hub known for its manufacturing and production capabilities.
2. Products and Services: The company specializes in offering a wide range of men's clothing, including shirts, denim, shorts, trousers, and suits, which are designed to be both stylish and affordable.
3. Revenue Model: The company generates its revenue primarily through the sale of its products in retail stores and franchise outlets, with an additional 10% of sales coming from online platforms such as Myntra, Flipkart, and Limeroad.
4. Market Presence: With a significant presence in Uttar Pradesh, the company operates 31 stores within the state and an additional 35 stores nationwide, including 29 franchise outlets.
5. Manufacturing Capacity: The business runs its own apparel manufacturing unit with a capacity to produce 4,20,000 units per year, allowing for efficient and scalable production to meet market demands.
6. Expansion Strategy: The business has ambitious plans to expand its reach across India by establishing a presence in multi-brand outlets, aiming to become a household name in the men's clothing industry.
7. Digital Transformation: The company currently generates 10-12% of its sales through online platforms, even though we have not put a lot of focus on digital marketing.
8. The promoter can stay for a year to show the prospective buyer the ropes in exchange for a 10% stake.
9. We are a certified company with all the necessary licenses and certifications.
Products & Services Overview
Our top-selling products include shirts, denim, shorts, trousers and suits specially designed for men.
We primarily sell our products through retail stores and franchise stores.
Assets Overview
Tangible assets:
- 29 franchise units and 6 rented stores.
- 1,200 sq meters of owned land in an industrial area and the factory worth INR 11 crore.
- Complete apparel manufacturing unit and INR 7 crore worth of inventory.
Intangible assets:
- Brand name with an online presence.
- Distribution networks.
Facilities Overview
The business has 1,200 sq meters of owned land in an industrial area located in Kanpur and has a factory of 30,000 sq feet built-up area built on it.
Capitalization Overview
The business has an INR 6 crore bank limit and INR 4.5 crore supplier credit.
The business is family-owned and has 2 stakeholders.
Recent Activity
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13 Buyers already contacted this Business. Register below to connect now!
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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