Textile Business Investment Opportunities in Chittoor

- Leather footwear manufacturing company, based in Chittoor. - Currently, our business is mostly in exports to European countries such as Italy, Portugal and France. - We are selling our products to 2 top footwear brands in Italy. - Receive orders for about 20k to 30k pairs, twice a year. - Till last year, we were able to actively work on the orders, but this year due to the outstanding loans and inadequate working capital, we couldn't take up any of the orders. Our sales have declined as a result. - Planning to expand the business to the domestic market, and take up Government tenders from schools. - The owners have almost 20 years of experience in the leather footwear industry, starting from scratch, which started with accessories for leather cutting to a full unit of shoe manufacturers, we are running the unit on our name only. - The business has 150 permanent employees at present, who are admin staff and factory workers. We had to let go of a few employees this year, considering the current financial situation of the business. - The business has MCA, GST registration, and import-export code. - MCA registration is for the Ranipet, Vellore branch. But the GST registration is in Chittoor and the investment sought is for the Chittoor branch. All the financials and assets mentioned are for the Chittoor branch and the investor will get a share in only this branch.

- The business model provides a new door-to-door dry premium laundry services and dry cleaning services in Vizag, that will surely attract customer attention. - Working customers may find this service is convenient for them and want to try it. If they are satisfied with the service quality they are likely to become repeat customers. - When the patronage happens continuously, they become loyal customers of the service. - Currently we are serving around 1500 permanent customers and 500 regular customers. - Our business growing very fast at the rate of 30% on every month.

- Company operates a high-end dry cleaning service under its brand in Baroda, Surat, and Delhi. - The company caters to clients through its 18 retail outlets. - Have a strong customer base of 18,000+ customers across Baroda, Surat, and Delhi NCR. - Company serves about 4,000 customers every month. - Few outlets operate as franchises whereas company-operated outlets are rented. - 100% B2C business. - Revenue is driven by walk-in customers and the footfall varies across each outlet. - Have a call center that helps customers in booking our services. - Advertise the brand with the help of digital marketing. - We have witnessed a slight drop in sales as footfall has reduced across all stores due to the pandemic.