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Profitable Functional Footwear Company Investment Opportunity in Bangalore, India

Custom shoe inserts and footwear for foot problems such as Flat Foot, Heel Pain, Diabetes.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 90 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 25 %
Industries Functional Footwear
Locations  Bangalore
Local Time 1:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 400 thousand for 20.0% stake (Native Currency: INR 35,000,000)
Reason: To increase sales, work with more doctors and hire more sales persons.
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
Documents
Business Overview

- Shoe Insoles manufacturing company based out of Bangalore and having a branch office in Delhi.

- We custom manufacture our products using our own scanning mobile application.

- Supplying our products to more than 80 doctors across India, US, Singapore, Dubai.

- Over 20% of our customers are repeat customers.

- Our production capacity is 1,000 pairs of shoes per month and we are producing 300 pairs per month.

- Selling the products under our own brand name.

- Have applied for design and technology patents.

- Promoter was mentioned in Forbes 30 under 30 list and our company is one among the top startups covered by YourStory.

- Business owns website, machinery, equipment, brand, furniture and computers.

Products & Services Overview

We manufacture shoe inserts or custom orthotics for patients. We offer customization using our own scanning mobile application. These shoe inserts are foot foot problems such as Flat Foot, Plantar Fasciitis, Diabetic Foot ulcers etc.

Facilities Overview

1,400 sqft rented office and factory in Bangalore and 1,000 sqft rented office in Delhi.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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