Garment Manufacturing & Supply Business to all of India's Largest Formal chain Stores
Product / Service
It's a garment manufacturing business based in Mumbai 30 years old business, turned into PVT Ltd in 1996. They deal in providing private label garment manufacturing services to establish a brand. Currently, provide services to Westside, Pantaloons, Walmart India, D-Mart etc. 65% business comes from the Future group where they have this business relationship for more than 12 years. Mostly men clothing items such shirts, denim are manufactured. They have their own manufacturing space but currently, they are using outside contract manufacturing setup from Mumbai, Daman, Tarapur, and Vapi. Existing manufacturing space is being utilised for sampling unit and storage only. They have a team size of 18. Last year's turnover is INR 14 Cr, and gross profit ratio is between 15 to 20 %. Open for full sale at Rs 1.5 Cr covering business goodwill, current team, orders in hand of more than 6 Cr. Real estate is not included but available at an attractive rate.
Reason
Promoters have other business to concentrate
Keywords
Business Tags
₹10 to ₹200 Cr
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