Synthetic Fabrics Business Investment Opportunity in Meerut, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 164 thousand |
Run Rate Sales | USD 168 thousand |
EBITDA Margin | 7 % |
Industries | Natural Fabrics + 1 more |
Locations | Meerut |
Local Time | 5:48 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The primary focus is on producing fabrics, which are sold to garment manufacturers.
- Garment manufacturers use these fabrics to create garments, which are then sold to wholesalers, retailers, door-to-door sellers, and corporates like V-Mart, D-Mart, Max Fashion, and online sellers.
- The business model involves actively searching for buyers through Google and pitching products directly to them.
- Partnerships with textile agencies in specific cities help market the products and connect with reliable buyers who have strong sales records and no payment defaults, allowing agencies to earn good commissions.
- Buyers are also found on B2C marketplaces, and the company is onboarded on B2B marketplaces for wider reach.
- Over 70 clients have been served, including wholesalers, e-commerce sellers, and corporates, with a 70%+ rate of repeat business due to quality service, excellent product offerings, and competitive pricing.
- The revenue model is based on fabric sales, with payments typically received 50-60 days after billing.
- Exploring B2C marketplaces helps in better understanding customer needs and preferences.
- Future plans include hiring sales agents to expand product marketing efforts and advertising to boost visibility and generate leads.
- The goal is to hire more employees to manage the high conversion rate, driven by a strong understanding of customer needs.
- Fabrics (used by garment manufacturers to make garments)
Clients:
- Garment manufacturers.
- Wholesalers.
- Retailers.
- Door-to-door sellers.
- Corporates (e. g., V-Mart, D-Mart, Max Fashion)
- Online sellers.
Sole proprietorship business.