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Profitable Bags Manufacturing Company for Sale in Siena, Italy

Renowned artisan leather workshop in Siena with 40 years of industry presence and quality craftsmanship.

Established 40-50 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 80 - 90 thousand
Run Rate Sales USD 84 thousand
EBITDA Margin 40 %
Industries Leather Goods + 1 more
Locations  Siena
Local Time 7:29 PM Europe / Rome
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 87 thousand (Native Currency: EUR 75,000)
Reason: The owners are retiring after many years of running the business and wish to pass the workshop to so... View More
Includes physical assets worth USD 14 thousand
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Business Overview
- Artisan leather workshop situated in Via Camollia, Siena, a prime area attracting both locals and tourists.
- With over 40 years of operation, the workshop is renowned for its exceptional craftsmanship and customer service, reflected in its high online ratings (approx. 4.8/5) and features in international travel guides.
- The owners bring over 50 years of combined experience in traditional Italian leather craftsmanship, ensuring high-quality products.
- The workshop specializes in handcrafted leather goods, custom orders, and repair services, catering to a variety of customer needs.
- The retail store welcomes 10-20 clients daily, including local residents and international tourists visiting Siena, creating a diverse clientele.
- Revenue is generated through in-store sales, personalized custom orders, repairs, and occasional online sales via the website.
- Long-standing partnerships with local suppliers facilitate the procurement of quality materials, enhancing product offerings.
- The business is registered in Italy, and operates without the need for any industry-specific licenses, simplifying operations.
Products & Services Overview
- Our best-selling products include handcrafted leather bags, travel goods, belts, wallets, and custom leather accessories.
- We also produce unique medieval-style leather armor and historical pieces that are highly appreciated by collectors and tourists.
- Our clients include international visitors, returning local customers, and travelers seeking authentic Italian craftsmanship.
- All products are entirely handmade in our workshop using traditional leatherworking techniques.
Assets Overview
- Tangible assets include: Professional leather cutting press, a Camoga 400 leather splitting machine, a dust collection container, and a complete assortment of leatherworking components such as rivets, straps, closures, and metal hardware.
- Intangible assets include: Brand name, long-standing reputation, loyal local and international customer base, established relationships with historic suppliers, and an active website.
Facilities Overview
The workshop and retail shop are located in a leased commercial unit on the ground floor of Via Camollia, one of the most visited streets in Siena’s historic center. The space includes a sales area and a dedicated leatherworking area equipped for on-site production. The premises are rented and do not require any property transfer.
Capitalization Overview
The business is fully family-owned and operated by the two current owners. It has no external investors and is funded entirely through its own operations. There are no outstanding loans or financial liabilities, ensuring a straightforward ownership transfer.
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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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