Newly Established Hosiery Business for Sale in Surat, India
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 240 thousand |
| Run Rate Sales | USD 360 thousand |
| EBITDA Margin | 40 % |
| Industries | Hosiery |
| Locations | Surat |
| Local Time | 10:32 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Business specializing in selling mid range socks through online platforms.
Products are manufactured by a 3rd party producer in Surat under our own brand name.
The industry has grown significantly in recent years due to the increasing demand for trendy and comfortable socks for both functional and fashion purposes.
Generated INR 1.86 crore in sales from Flipkart alone.
Most of our revenue is from Flipkart.
On a daily basis, we receive 300 orders.
Brand name is registered and trademarked.
Sales process is automated, as a result, we do not require more employees.
Dealer of men's, women's and baby's ankle and mid-range socks.
4 desktop computers, 2 laptops, 11 block racks and 3 tables 5 chairs, 4 fans, stocks worth INR 15 lakh.
We operate our business from a 1,100 sq. ft rented area at the centre of Surat.
Single owner business.
We have INR 4 lakh loan outstanding, when the deal is completed, we will clear the loan.
10 Buyers viewed this Business this week.
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