Profitable Footwear Manufacturer Looking to Exit After 40 Years in Business
Product / Service
This shoe manufacturer has been in business for with a great reputation around the world. The company predominantly services the international market by exporting their footwear all around Europe, parts of Eastern Asia as well as South Africa. Though the company has most of their sales in the foreign market, they have also endeavored into the local market which shows high levels of potential and growth as the Indian market's demand is expected to catch up to the demand of the developed world. As a whole, the company has managed to build a strong brand mainly because of their dedication to quality, delivery, and innovative design. Further, the company is SA8000:2008 certified and has procured all of the required licenses to operate in his facility. They operate out of the northern suburbs of Mumbai allowing them a geographic advantage of utilizing the connectivity to the world. The asking price of the business is INR 21 Cr.
Reason
Promoter is looking to follow his passions and explore another business venture.
Business Tags
₹10 to ₹200 Cr
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