Tailoring Company for Sale in Muscat, Oman
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 |
- 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.
- Embroidery of logos on all apparel.
- 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.
- 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.
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Earlier than 15 daysManager, Logistics, Doha, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Mergers And Acquitions, Lawrenceville, Corporate Investor / Buyer connected with the Business