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Sports Footwear Business for Sale in Haridwar, India

A sports shoes manufacturing business with 30,000 pairs monthly manufacturing capacity, serving reputed brands.

Established 1-5 year(s)
Employees 100 - 500
Legal Entity General Partnership
Reported Sales USD 840 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 12 %
Industries Sports Footwear
Locations  Haridwar
Local Time 9:51 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: INR 32,500,000)
Reason: Director is relocating to another country with the family.
Includes physical assets worth USD 300 thousand
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Business Overview

- A sports shoe manufacturing company located in SIDCUL, near BHEL Township, Haridwar.

- We do contract manufacturing for brands based on the orders received.

- The business has clients all over Northern and Central India.

- We manufacture for 6 brands, which include HRX, Roadster, Solethreads etc. who sell through Flipkart, Myntra etc.

- We have a monthly manufacturing capacity of 30,000 pairs.

- We sell our products on an immediate payment basis with a 15% margin on the cost of the products.

- We source our raw material from the Delhi NCR, Haryana, Noida, Jalandhar, and Ludhiana. The suppliers include Rajdhani Laminates, Shree Balaji Laminates etc.

Products & Services Overview

We manufacture all kinds of sports shoes - athleisure, sneakers, cricket, badminton and running.

Running shoes are the top selling.

Our clients include reputed brands such as HRX, Roadster etc.

Assets Overview

Physical assets include manufacturing machinery, furniture, fabrication rooms, and inventory.

Facilities Overview

Manufacturing facility of 14,500 sqft area, with 2 floors, on rental of INR 1,60,000 per month. Rental agreement is valid for 7 more years.

This facility is located in SIDCUL, near BHEL Township, Haridwar.

Capitalization Overview

Business is funded by the directors.

Having a working capital limit loan of INR 1.5 Cr, with an annual interest rate of 11%.

There are 2 directors holding an ownership of 60% and 40%.

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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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