Leather Goods Businesses for Sale and Investment Opportunities in Tamil Nadu

- Our business is engaged in manufacturing formal and casual leather shoes. - The factory space is leased as well as the machinery, the production capacity is 85 pairs of shoes per day. - Source the material from 2 tanneries within India. - Our business is also engaged in supplying all the other leather products such as bags, jackets, boots, belts, tissue holders, and menu folders. - We are also planning to start the production of leather sandals. - We sell our products through online platforms like Flipkart, Amazon, and our own website. - The production is done as per the demand of the shoes and we have tie-ups with vendors as well for other products. - Currently, we have just targeted B2C segment and are operating at breakeven due to lower sales of our business during the pandemic as well as we did not have funds for marketing or acquiring customers.

- The proprietor has an existing business with a turnover in excess of 50 lakhs. - Started in 2002, have a clear module and plan to expand the network. - Customers are regular since 12 years. - Wants to expand to other cities like Mumbai, Bangalore, Delhi. - Wants local products from south and sell / distribute in the North. - Wants to target the customers by Online and brick and mortar concept.

- We manufacture and sell leather wallets, jackets, and bags. Our business utilizes all types of leather for instance: cow, sheep, and goat. - Our business has 10 active clients based in Kerala. These clients are wholesalers and exporters. - The business was not operational during the pandemic and has restarted operations now. - The factory has a monthly production capacity of 3,000 leather wallets, 200 leather jackets, and 100 leather bags. - The pricing range of our products is INR 100 - 1,000 for the wallets, INR 1,650 - 4,000 for the jackets, and INR 1,200 - 3,000 for the leather bags. The net margin on our products ranges from 11% - 13%. - Prior to the pandemic, the workers used to be compensated on a piece-rate basis, however, the business supports them currently despite being non-operational. The workers receive a monthly stipend of INR 6,000. - The business has 1 fixed supplier. This supplier is a family member of the promoter. - We generate leads through online portals such as IndiaMART and TradeIndia. The business has an offline marketing team consisting of 3 individuals that promote their products in Kerala and Tamil Nadu.