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Newly Established Footwear Wholesale Company for Sale in Vellore, India

For sale: Non operational wholesale apparel and footwear business in Tirupattur, Vellore.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Apparel Wholesale + 1 more
Locations  Vellore
Local Time 1:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 5.4 thousand (Native Currency: INR 475,000)
Reason: The owner has decided to sell the business name as he unable to commence operations.
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Business Overview
- Located in Vellore, the business operates in the apparel and footwear wholesale industry.
- The venture aimed to offer high-quality cotton t-shirts, pants, and footwear under a single brand name.
- Company registered with MCA but remains non-operational due to lack of support and promotion.
- Initially planned to start manufacturing and wholesale distribution of apparel and footwear.
- Targeted to create products that would help everyone feel their best.
Products & Services Overview
The business's top-selling items were planned to be cotton t-shirts, pants, and footwear.
The target audience of the business is men in the age group of 18-35.
Assets Overview
The transaction does not include any tangible assets. The intangible assets consist of the brand name and the registration certificate.
Facilities Overview
The business has not set-up any facility yet.
It had planned to start operations in Tirupattur, Vellore.
Capitalization Overview
The business is owned by 2 directors.
There are no debts in the business.
Recent Activity
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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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