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Newly Established Men's Footwear Company Investment Opportunity in Patna, India

Footwear & belt manufacturing company in Bihar seeking financial partnerships for operational expenses.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Men's Footwear + 1 more
Locations  Patna
Local Time 9:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 29 thousand for 30.0% stake (Native Currency: INR 2,500,000)
Reason: The owners are seeking an investment to start the operations of the business. The factory construct... View More
Includes physical assets worth USD 92 thousand
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Business Overview
- Established in Patna, Bihar, this startup specializes in manufacturing Hawaii slippers and leather footwear, targeting a diverse market.
- Focused initially on Hawaii slippers, the company plans to expand its product range to include footwear for men, women, and kids' footwear.
- Aiming to generate over INR 5 lakhs in monthly revenue, indicating strong potential for growth in the footwear market.
- Business is already in talks with a local store to sign a contract for regular orders.
- Currently operates with a lean workforce of just 2 employees, optimizing operational efficiency from the outset.
- Registered with the Ministry of Corporate Affairs (MCA), with GST application currently in process, ensuring compliance with regulatory standards.
- Positioned in a growing industry with increasing demand for both affordable and quality footwear in India.
- Strategic location in Patna, a hub for regional commerce, enabling better access to local markets and supply chains.
Products & Services Overview
The business will specifically manufacture Hawaii and leather footwear.
With an increase in operations, it will also launch a belt manufacturing unit.
Assets Overview
Physical assets owned by the business include:
- 15,000 square feet land and factory worth INR 60 lakh.
- Machinery worth INR 20 lakh.
Facilities Overview
The factory is established on a self-owned land in Patna.
Capitalization Overview
The business is self-funded by 2 equal partners, and it does not have any debts.
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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