Profitable Leather Goods Business for Sale in Chennai, India
Finished leather manufacturers with CETP membership, LWG Gold certification and capacity 6 lakh sq-ft per/month.
This transaction has concluded.
| Established | 30-40 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.2 million |
| Run Rate Sales | USD 143 thousand |
| EBITDA Margin | 20 % |
| Industries | Leather Goods |
| Locations | Chennai |
| Local Time | 9:33 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.25 million
(Native Currency: INR 105,000,000)
Reason: The proprietor wants to retire.
Includes physical assets worth
USD
1.13 million
Interested to connect with advisors
Business Overview
- The company specializes in manufacturing high-quality finished leather, including chrome-free and full vegetable-tanned leathers.
- We serve over 40 B2B clients, consistently managing orders from 6-7 clients simultaneously.
- We excel in cost-efficiency and have optimized our operations to maximize savings.
- Our production capacity can reach up to 6 lakh sq ft per month, with a current output of 2 lakh sq ft per month.
- Our sales typically increase after August, aligning with industry trends (hence the drop in run rate sales). Despite a current dip in run rate sales, we maintain an employee count that supports peak demand periods.
- We partner with leading fashion brands, such as Zara Fashion.
- The company is led by promoters with three decades of industry experience.
- We hold all essential licenses, including GST, factory, and environmental licenses, and are proud CETP (Common effluent treatment plant) members with LWG (Leather working group) Gold certification.
- We serve over 40 B2B clients, consistently managing orders from 6-7 clients simultaneously.
- We excel in cost-efficiency and have optimized our operations to maximize savings.
- Our production capacity can reach up to 6 lakh sq ft per month, with a current output of 2 lakh sq ft per month.
- Our sales typically increase after August, aligning with industry trends (hence the drop in run rate sales). Despite a current dip in run rate sales, we maintain an employee count that supports peak demand periods.
- We partner with leading fashion brands, such as Zara Fashion.
- The company is led by promoters with three decades of industry experience.
- We hold all essential licenses, including GST, factory, and environmental licenses, and are proud CETP (Common effluent treatment plant) members with LWG (Leather working group) Gold certification.
Products & Services Overview
Goods: Finished leather.Bestseller: Chrome free leather.
B2B operations with fashion brands.
Assets Overview
- 4 acres of land valued at INR 6.5 crore.- Building and machinery worth INR 2 cr.
- Factory license.
- CETP license valued at INR 1 crore, which is redeemable.
Facilities Overview
4 acre & 40,000 sft built up area manufacturing unit owned by the company located in Vellore with head office in Chennai.
Capitalization Overview
- Operated and financed by a father and his two sons.- Secured an INR 3 crore loan from a non-banking financial company (NBFC).
- Carrying market debt of INR 2 crore.
Recent Activity
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Earlier than 15 daysProprietor, Leather Goods Production And Export, Pune, Individual Investor / Buyer connected with the Business
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