Profitable Footwear Business for Sale in Maharashtra, India
For sale: Footwear manufacturing company that has 50 wholesalers, and 25 industrial businesses as clients.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 50 thousand |
| Run Rate Sales | USD 67 thousand |
| EBITDA Margin | 35 % |
| Industries | Footwear |
| Locations | Maharashtra |
| Local Time | 1:45 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
112 thousand
(Native Currency: INR 10,000,000)
Reason: The promoter wishes to start a new business.
Includes physical assets worth
USD
112 thousand
Business Overview
- Our business is engaged in the manufacturing of footwear.
- Manufacturing safety shoes, office chappal, and daily wear flutters.
- We have tied up with 12 suppliers from Mumbai and Pune for the raw materials.
- We have a production capacity to manufacture 2,000 pairs of footwear per day, but currently, we manufacture as per the requirements of our clients.
- Currently, we have 50 local wholesalers and 25 industrial businesses who are our clients.
- Business has an outstanding loan of INR 25 lakhs and is run by a sole owner.
- Manufacturing safety shoes, office chappal, and daily wear flutters.
- We have tied up with 12 suppliers from Mumbai and Pune for the raw materials.
- We have a production capacity to manufacture 2,000 pairs of footwear per day, but currently, we manufacture as per the requirements of our clients.
- Currently, we have 50 local wholesalers and 25 industrial businesses who are our clients.
- Business has an outstanding loan of INR 25 lakhs and is run by a sole owner.
Products & Services Overview
Safety shoes, office chappal, and daily wear flutters.
Assets Overview
15 machines that include conveyor, compressor, stitching machine, binding machine, CNC, air gun and commercial vehicle.
Facilities Overview
600 sq. meter plot area, 330 sq. meter work area, and labour room. The land is not owned by the business we have taken it on lease from MMRDA but we are not paying any rent.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysRelationship Manager, Bank, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Defense & Construction, Ahmednagar, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Vehicle Rentals, Pune, Individual Investor / Buyer connected with the Business
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