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Tailoring Company for Sale in Muscat, Oman

One-stop shop for all uniform and tailoring services with 30+ corporate clients.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales INR 4.3 crore
Run Rate Sales INR 4.9 crore
EBITDA Margin 20 - 30 %
Industries Tailoring
Locations  Muscat
Local Time 2:47 AM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: INR 1.9 crore (Native Currency: OMR 85,000)
Reason: The owners of the business are going to move to Canada. The only request is that they be allowed to ... View More
Includes physical assets worth INR 67 lakh
Interested to connect with advisors
Documents
Business Overview
- The business first started in the late '70s and became an LLC in 2009.
- We are/have been a major supplier of uniforms to almost every 5-star hotel in the country and have many oil and gas clients as well. The client list is more than 30.
- Until the downturn in 2014, we were growing every year, and even after the oil crash of 2014 the business has remained profitable.
- 2020 was a bad year for all businesses but the company rebounded by over 25% in 2021.
- The business also has three 6 head Korean embroidery machines to handle large embroidery/uniform orders as well as orders from freelancers in the market.
- We receive 50- 200 walk-in customers per week depending upon the season.
- A total of 11 highly experienced tailors work for the company and its exclusive subcontractors capable of making every kind of uniform that the market requires like shirts, trousers, coveralls, and even bespoke suits.
- The business also has a well-known showroom with regular clientele in a popular area with plenty of foot traffic and regular cash business.
- The business is debt-free and has 2 partners with 70% and 30% share. The promoter has the majority of the stake.
Products & Services Overview
- Manufacturing of shirts, trousers, coveralls, suits, waistcoats, etc.
- Embroidery of logos on all apparel.
Assets Overview
- All existing stock of materials.
- All existing contracts and clients.
-All staff are currently employed both directly and with subcontractors.
-All equipment and machinery including sewing machines, embroidery machines, 2 computers.
-All outstanding receivables.
- 2 vehicles, Nissan Armada, Hyundai Santa Fe.
Facilities Overview
- 1 showroom with 2 floors total of 170 sq meters.
- 1 single-floor workshop.
-1 - 2 floor workshop.
- 2 floors for embroidery division.
-1 warehouse for textile storage.
- 2 staff apartments.
- All the above facilities are being rented with good relationships with the landlords.
- Total rent - OMR 1,210 per month.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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