↩ Go Back
Need help?

Profitable Men's Footwear Company Investment Opportunity in Kolhapur, India

ISO 9001:2015 certified manufacturer of handcrafted Indian footwear created by a team of 70 artisans.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 43 thousand
EBITDA Margin 24 %
Industries Men's Footwear + 1 more
Locations  Kolhapur
Local Time 3:19 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 60 thousand for 12.0% stake (Native Currency: INR 5,000,000)
Reason: Funds would be used for - team building, advertising, brand development, promotions & subscriptions,... View More
Includes physical assets worth USD 30 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- An ISO 9001-2015 certified manufacturing business for traditional footwear that are handcrafted to perfection, with reinvented comfort.

- Have a manufacturing unit in Kolhapur.

- We have outsourced a team of more than 70 artisans from Maharashtra & Karnataka and have imported machinery for the manufacturing process.

- The footwear are manufactured by the artisans and through machinery at our factory in Kolhapur.

- Currently have a manufacturing capacity of 1,000 pairs per month.

- Products are sold under our brand name.

- We are currently listed on 40 E-commerce platforms - both domestic and international.

- Have recently opened up our factory outlet which is part of our manufacturing unit. Customers can directly purchase from this outlet.

- We intend to expand through franchising outlets for our brand.

- Revenue has decreased due to covid-19.

Products & Services Overview

Manufacture and sell - Kolhapuri Chappal, Punjabi Jutti, Rajasthani Mojadi, Karnataka bund-toe sandals, spares and designer components.

Assets Overview

4 imported machines, 5 Indian machines, furniture, storage unit, inventory.

Facilities Overview

Rented manufacturing unit near the highway in Kolhapur that has an area of 3,000 Sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
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.
Contact Business

95 Investors viewed this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more