Business Summary
Safety & Fashion Garments Manufacturing Factory for Sale!
3+ year old manufacturing startup with a 20 year old sister company into trading. We manufacture more than 50% products in-house at our jigani factory. We have more than 200 products in our catalogue. We serve some top customers like - Tata Group, Mahindra, JSW Group, Harsco, Saint Gobain, Imperial, B L Kashyap, etc.
We are selling both the companies with entire stock, machineries, lab setup, office setup, factory setup, all tools & tackles, entire customer brand, Brand value, etc.
Both companies together have annual turnover of about 4.75 crores. Total valuation of company is 10 crores. Total debt of both companies is - 2.5 crores including debtors and bank loans. Company has inventory/stock of about 25 lakhs + raw materials. The factory + Retail Store is located on a rented premises. There are total of 3 units with total payable rent of Rs.150000/- per month including GST. The monthly turnover is about 30 lakhs average. The profit margin is in the range of 25-30%. The factory + Retail store is located on the main road with excellent visibility.
Ownership will be transferred to serious buyers along with all customers and branding. Company is profitable and has built a reputation in the industry. Company has 2 brands - SafeKraft & Hippie Owl. Both brands will be handed-over to the buyer. All existing 30+ staff will continue to work for the company. Company has strong presence in Karnataka, Maharashtra, Gujarat & Rest of India.
Reason to sell - Founder/Director is planning to move abroad. Serious buyers only.
Please contact us for more details.
Property Details
Size:
Total built up size of 7500 Sq Feet
Other Business Details
Business Location:
Main Road Facing, huge entrance.
Premise Details:
Total of 3 units. Height for 2 units is 22 feet & 1 unit is 16 feet. Excellent visibility, entrance, main road located and close to commercial hub. Unit is as per vaastu.
Competition:
Not many manufacturing competitors in the surrounding
Expansion Potential:
Huge potential to expand manufacturing unit upto 60 machines. Also front retail store can also be further expanded or turned into manufacturing unit as well.
Business Operation Details
Support & Training:
Test Lab & Test Tower available.
Miscellaneous Details
Reason For Selling:
Founder & CEO is planning to move abroad.