Profitable Leather Goods Business Equity Stake For Sale in New York City, USA
Profitable leather accessories manufacturer and exporter expanding across global retail, duty-free, and online channels.
| Established | 40-50 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 440 thousand |
| Run Rate Sales | USD 440 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Leather Goods + 1 more |
| Locations | Ahmedabad + 1 more |
| Local Time | 1:07 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Partial Stake Sale
USD
420 thousand
for
40.0%
stake
(Native Currency: INR 40,000,000)
Reason: Raise growth capital to open a warehouse cum cash-and-carry facility in New Jersey (USA), strengthen...
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Includes physical assets worth
USD
500 thousand
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Documents
Company Brief
(11.7 KB)
Company Profile
(4.0 MB)
Collection
(134.3 KB)
Leather Belts
(90.1 KB)
Handbag
(136.7 KB)
Blue Leather Handbag
(117.0 KB)
Customer
(859.4 KB)
Video of Handbag
(441.5 KB)
Video About Brand
(9.3 MB)
Business Overview
- Pioneer leather accessories brand founded 40 years ago in Ahmedabad, India.
- The company specializes in fine quality buffalo calf leather products using advanced Italian and Japanese machinery and a skilled workforce.
- Current capacity is about 2,000–3,000 wallets, 3,000–4,000 belts, and 200–300 bags per month, with the ability to double output without major additional machinery.
- The production of handbags is outsourced to units in Agra, while wallets are handled by job work contractors in Kolkata. All raw materials and designs are created and produced by us, then sent to third-party units for final manufacturing.
- Exports extensively to duty-free shops across the Caribbean islands, USA, Australia, East African countries and India, and supplies importers, wholesalers, retailers, mail-order firms, online consumers and corporate gifting clients.
- The brand is officially recognized among the top ten leather accessory brands in India by Success India Magazine and has been awarded by the then Chief Minister Narendra Modi for Empowerment of Women.
- Founder is a published author of four books on entrepreneurship and life, one of which was recognized by the New Jersey Chamber of Commerce, USA.
- Seeking investors to accelerate global expansion, particularly in the US through its own warehouse and distribution base.
- Existing machinery can support up to double the current production volume. A new factory building adjacent to the existing unit has already been purchased for further expansion.
- The company specializes in fine quality buffalo calf leather products using advanced Italian and Japanese machinery and a skilled workforce.
- Current capacity is about 2,000–3,000 wallets, 3,000–4,000 belts, and 200–300 bags per month, with the ability to double output without major additional machinery.
- The production of handbags is outsourced to units in Agra, while wallets are handled by job work contractors in Kolkata. All raw materials and designs are created and produced by us, then sent to third-party units for final manufacturing.
- Exports extensively to duty-free shops across the Caribbean islands, USA, Australia, East African countries and India, and supplies importers, wholesalers, retailers, mail-order firms, online consumers and corporate gifting clients.
- The brand is officially recognized among the top ten leather accessory brands in India by Success India Magazine and has been awarded by the then Chief Minister Narendra Modi for Empowerment of Women.
- Founder is a published author of four books on entrepreneurship and life, one of which was recognized by the New Jersey Chamber of Commerce, USA.
- Seeking investors to accelerate global expansion, particularly in the US through its own warehouse and distribution base.
- Existing machinery can support up to double the current production volume. A new factory building adjacent to the existing unit has already been purchased for further expansion.
Products & Services Overview
Wallets and belts are the top-selling products due to their daily-use and utility.Manufactures and sells premium real leather accessories including handbags, office bags, wallets, purses, belts, mobile cases, travel document cases, key chains, leather shoes and jackets.
Products are made from top grain buffalo calf leather and purchased by retail consumers, duty-free travelers, corporate clients for gifting, importers and wholesalers, white-label partners, and online shoppers via Amazon India and Amazon US.
Assets Overview
Physical assets include: Main factory building in Ahmedabad; newly purchased adjacent factory building for expansion; two retail showroom premises in Ahmedabad (one mortgaged); imported Italian and Japanese leather manufacturing machinery; tools, fixtures and office equipment; production inventory of finished leather goods and raw materials; and cash and bank balances to support operations.The factory building is valued at around INR 1.5 crore, the imported machinery has a replacement value of about INR 1.5 crore, and the retail showroom is worth approximately INR 1.85 crore, currently under mortgage.
Intangible assets include: The brand (recognized as a top ten leather accessories brand in India), trademarks and logos, established designs and patterns for multiple leather product lines, long-standing relationships with duty-free shops and international buyers across the Caribbean, USA, Australia, East Africa and India, e-commerce presence on Amazon India and Amazon US, and the company websites.
Facilities Overview
One main factory in Ahmedabad, Gujarat equipped with imported Italian and Japanese leather machinery, with rigorous quality control at raw, wet blue, crust and finished stages. The company also operates two flagship retail showrooms in Ahmedabad and maintains a marketing office in New York, USA.All facilities are owned by the company.
Capitalization Overview
The business is currently promoter-owned and family run, operating primarily as a proprietorship, with plans to convert into a private limited company with a global focus.Operations have mainly been funded through internal accruals and bank borrowings secured against the retail showroom property, which is mortgaged.
Indian banks are unable to finance inventory to be held in the USA, which creates the need for private investors or structured debt/equity financing.
Recent Activity
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2 days, 10 hours agoDirector, Diversified Group, Mumbai, Individual Investor / Buyer connected with the Business
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