Profitable Hosiery Business for Sale in Surat, India
Business selling socks through Flipkart and Amazon and receives 300 orders per day.
This transaction has concluded.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 240 thousand |
| Run Rate Sales | USD 360 thousand |
| EBITDA Margin | 40 % |
| Industries | Hosiery |
| Locations | Surat |
| Local Time | 10:46 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
600 thousand
(Native Currency: INR 50,000,000)
Reason: Owner has shifted to his home town in Telangana state.
Includes physical assets worth
USD
24 thousand
Interested to connect with advisors
Documents
GST Certificate
(115.6 KB)
Last 3 Month Flipkart Sales Report
(96.3 KB)
Business Overview
Business specializing in selling mid range socks through online platforms.
Products are manufactured by a 3rd party producer in Surat under our own brand name.
The industry has grown significantly in recent years due to the increasing demand for trendy and comfortable socks for both functional and fashion purposes.
Generated INR 1.86 crore in sales from Flipkart alone.
Most of our revenue is from Flipkart.
On a daily basis, we receive 300 orders.
Brand name is registered and trademarked.
Sales process is automated, as a result, we do not require more employees.
Products are manufactured by a 3rd party producer in Surat under our own brand name.
The industry has grown significantly in recent years due to the increasing demand for trendy and comfortable socks for both functional and fashion purposes.
Generated INR 1.86 crore in sales from Flipkart alone.
Most of our revenue is from Flipkart.
On a daily basis, we receive 300 orders.
Brand name is registered and trademarked.
Sales process is automated, as a result, we do not require more employees.
Products & Services Overview
Dealer of men's, women's and baby's ankle and mid-range socks.
Assets Overview
4 desktop computers, 2 laptops, 11 block racks and 3 tables 5 chairs, 4 fans, stocks worth INR 15 lakh.
Facilities Overview
We operate our business from a 1,100 sq. ft rented area at the centre of Surat.
Capitalization Overview
Single owner business.We have INR 4 lakh loan outstanding, when the deal is completed, we will clear the loan.
Recent Activity
-
Earlier than 15 daysCEO, Fabric Manufacturer, Kochi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder & CEO, IT Services, Kolkata, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
