Profitable Leather Goods Business Investment Opportunity in Kanpur, India

- Leather manufacturer supplying finished leather for leather goods. We sell buffalo (4-5 varieties) and goat leather.

- We have 5-10 clients currently and fulfil 4-5 orders on a monthly basis. This is equivalent to a total of 10,000-25,000 square feet of leather which is equivalent to an order value of INR 15-20 lakh.

- Our production facility can produce up to 1-2 lakh square feet of leather monthly. We are unable to fully leverage the production capacity due to a shortage in the number of orders.

- We have 10-15 suppliers of leather.

- Our major clients include Kings International, Adeeba International, AIS Trendz and Meena Footwear Industries.

- Have 10-15 workers hired on a contract basis.

- Our primary focus is to increase the number of orders for the business from existing clients.

- Promoter has over 8 years of experience in this industry.

Sell the following varieties of leather: wet blues (for bags, belts, shoes, upholstery), butt leather (for belts), milled leather (for bags), printed leather (for shoes), suede leather (for bags & shoes), fancy leather (crazy, waxy) (for shoes & bags), accessories leather (for all types of goods), upholstery leather (for car seats & furniture) and hair-on leather (for carpets)

We own some furniture, computers, laptops, company vehicles, raw material, chemicals and machinery lease. Most of the physical asset comes from our inventory of raw materials and chemicals which is roughly equivalent to INR 30-40 lakh.

Manufacturing unit taken on lease with an area of about 5,500 sq ft. The machinery used at the facility are also taken on lease. Based on the level of production, we have to pay INR 20,000 to INR 1 lakh/monthly.