Listing IDSL000597 Asking PriceRs. 10 Lakh - 50 Lakh Last Year TurnoverRs. 3,000,000 Verification Status Pending

Business Details

We are a leading garment manufacturing company actively working as third party contract manufacturers for various highly reputed international brands. Our range of services involves stitching, hand embroidery, machine embroidery etc. In past we have worked with Indian brands like Chemistry, Lsaha, Dfuzion etc. Currently we are working only with international brands like Giorgio Armani, Laura Baigotti, Alexzander Wang, Issa London, Jonathan Saunders etc. in Italy, UK, USA and South Africa. The business was established in 2008 as a sole proprietorship firm and later converted into a partnership firm 3.5 years back. We operate from a rented unit in a commercial industrial estate. The factory unit is around 1350 sq ft. Lease amount: Rs. 30,000/- The firm holds all the necessary licenses and approvals for production, exports and quality testing. Production: 200-300 pieces per month (subject to contract). With in-house embroidery department, we had 50+ employees which recently reduced to less than 20 employees due to close-down of the department. Profit is easily 2-3 times the cost of production. Expected Price: INR 40 Lacs (includes goodwill, 22+ machines, other embroidery equipments.

Total Views1855 Buyers Contacted12
Reason For SalePartnership Breach
EBITDAAvailable on request Last Years Gross ProfitAvailable on request
IndustryManufacturing Sub IndustryClothing & Accessories
StateMaharashtra CityMumbai
Company TypePartnership Started in NA
Employees26-50 Employees Listing created byOwner

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