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Profitable Leather Goods Business for Sale in Udaipur, India

Profitable leather goods retailer with a strong Amazon and international presence.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.1 million
Run Rate Sales USD 700 thousand
EBITDA Margin 40 %
Industries Leather Goods
Locations  Udaipur
Local Time 2:49 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 590 thousand (Native Currency: INR 50,000,000)
Reason: The owner is looking to sell because they want to take a step back, move out of the city and focus o... View More
Includes physical assets worth USD 41 thousand
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Business Overview
- The business focuses on the retail of leather goods that are designed in-house for the international market.
- The business boasts a registered trademark across multiple key markets, including the USA, Canada, Australia, the European Union, the UK, and India, ensuring brand recognition and legal protection.
- The brand currently generates impressive monthly sales ranging from USD 50,000 to USD 100,000, primarily driven by a strong presence on Amazon, with additional sales through eBay and Walmart.
- The product lineup includes popular items such as leather satchels, backpacks, and leather-bound journals, appealing to a unisex market, which broadens the customer base.
- The business has established relationships with 5-6 reliable manufacturers in India, allowing for quality production and the ability to scale operations as demand increases.
- With a dedicated unit in Udaipur for quality control, packaging, and dispatch, the business ensures that all products meet high standards.
- With warehouses located in the USA, Canada, the EU, the UK, Australia, and the UAE, the business is well-positioned for efficient distribution and quick delivery to international customers.
- The average product price is approximately USD 50.
- The business is equipped with export and GST licenses, facilitating international trade and compliance with regulatory requirements.
- The upcoming busy season is expected to significantly boost sales, with projections indicating that revenue will surpass last year's figures.
- The business requires only a few permanent employees as the majority of sales are conducted through various e-commerce platforms.
Products & Services Overview
- The business is a retailer of leather goods with top-selling products such as leather satchels, backpacks, and leather-bound journals, which appeal to a unisex market.
- These are sold internationally mainly through other third-party e-commerce sites like Amazon and eBay.
Assets Overview
- The buyer will acquire tangible assets including physical stock valued at INR 30 lakhs, along with laptops and office equipment worth INR 5 lakhs.
- Additionally, intangibles will include the trademarks, Amazon seller accounts with existing product listings, a fully functional website, Walmart account and listings, as well as established supplier contacts.
The purchase also includes full team support for the next six months to ensure a smooth transition.
Facilities Overview
Our Udaipur facility is dedicated to quality control, packaging, and dispatch operations.
The unit spans 2,000 sq ft with a monthly rental of INR 17,000.
Additionally, we have strategically located warehouses across the USA, Canada, the EU, the UK, Australia, and the UAE to streamline global distribution.
Capitalization Overview
The business is run by one owner with 100%
Ownership.
No loans or debts under the company.
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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