Profitable Silver Jewelry Manufacturing Business for Sale in Mumbai

Listing ID: BB004234
Posted By: Third party
Last Active: 1+ year ago
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18 Year old company into 3 products real silver jewellery and real gold jewellery. They have in-house manufacturing with 10 main staff and 4 contract staff. Contract staff keeps varying depending on order size. Currently, they are producing about 800 silver jewellery pieces per month and it can go up as much required as they will need to put additional contract staff which is available in plenty at 120 rs per hour. Current turnover is 1.2 Cr with Profitability of around 18 to 20 lakhs. Her raw material cost is around 40%. Her products are niche and have a market abroad too. Before 2 years they were only into contract manufacturing for companies such as FabIndia and various showrooms across Mumbai. 2 years back they started a brand and are selling around 20% through this brand. The promoter is looking an exit of at least 75% equity. She will actively stay for at least a year after MOU. Valuation is around 45 Lakhs for Goodwill + Assets (8-9 lakhs) + Stock (around 40 Lakhs)

Reason

Unable to Scale Up

Keywords

Business Tags

jewellary manufacturing MANUFACTURING mumbai under 1 Cr

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