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Textiles Wholesale Business for Sale in Vapi, India

For Sale: Manufacturing unit of customized eco-friendly shopping bags catering to clients all over India.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 120 thousand
Run Rate Sales Nil
EBITDA Margin 10 - 20 %
Industries Paper Packaging + 1 more
Locations  Vapi
Local Time 2:38 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 37 thousand (Native Currency: INR 3,000,000)
Reason: The owner is a senior citizen & is retiring due to severe health complications. But the team is read... View More
Includes physical assets worth USD 30 thousand
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Business Overview

- Company manufactures customized eco-friendly shopping bags.

- We have equipment for slitting, cutting, printing & stitching all under one roof (in-house set up) & were catering to around 150 to 200 MSME and a few MNC clients for their packing, promotional, marketing, advertising, and gifting requirements.

- Clients pay 50% advance at 50% at the time of delivery. Turnover can be increased if we offer a credit period.

- We advertise through platforms like IndiaMart and TradeIndia; we also mention our contact details on all the bags manufactured by us.

- We source our material from fabric plants and have a competitive advantage amidst growing bans on single-use plastics in India.

- The managing director suffered a stroke and went through bypass surgery. This prompted them to halt operations momentarily.

- Due to this halt, our revenue has dropped and we have no employees currently.

- Company has two partners, each having a 50% stake in the business.

Products & Services Overview

We manufacture and sell eco-friendly and recyclable -

Shopping bags, grocery bags, exhibition bags, gifts & promotional bags, delivery bags, wine bags, conference bags, laundry bags, goodie bags, drawstring bags, messenger bags, and retail packing bags. These products are sold to MSMEs and companies like HDFC, Sun Pharma, Alibaba, and Microsoft to name a few.

We supply bags for half-marathons and conferences in Indian metro cities like Mumbai, Delhi, and Bangalore.

Assets Overview

Tangible assets include the entire machinery setup required to convert fabric into bags.

The machinery used for this includes:

- Slitting machine (1)

- Roll to sheet cutting machine (1)

- Sheet cutting machine (1)

- 15' feet x 6 feet layer table with fabric roll stand & two-layer cutting machines.

- 4 color offset printing machine (1)

- 2 color offset printing machine (1)

- Slotted angle drying racks for drying & storage (19)

- 5 thread overlock stitching machines (2)

- Single needle lock stitch machines (8)

- Cut to measure handle loop cutting machines (1)

- Weighing machine 5 kg (1)

- Weighing machine 100 kg (1)

- 8 CCTV cameras installed at the unit.

- 1,000/1,500 ready samples of shopping bags - very useful for sampling & presentation purposes.

- Fully functional AC office with 1 master cabin, two full-size tables (with chairs), visitor chairs, and a separate area outside the cabin for admin/accounting staff with two workstations.

The intangible assets include:

- The 15-year-old brand name with access to previous business clients.

- 10-year-old domain name to support online marketing & brand presence.

- Our entire team of experienced workers are available for the conversion of fabrics into customized products.

- Network of job workers/manufacturing vendors for outsourcing manufacturing - when required.

Facilities Overview

We manufacture our products on rented premises of 2,500 sq. ft. in Vapi, GIDC (Vapi, Gujarat, India)

The rent for the premises is Rs. 25,000/- per month.

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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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