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Profitable Footwear Business for Sale in Maharashtra, India

For sale: Footwear manufacturing company that has 50 wholesalers, and 25 industrial businesses as clients.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 55 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 35 %
Industries Footwear
Locations  Maharashtra
Local Time 7:22 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 120 thousand (Native Currency: INR 10,000,000)
Reason: The promoter wishes to start a new business.
Includes physical assets worth USD 120 thousand
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Business Name
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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.

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
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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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