Apparel Manufacturing Company Looking for expansion
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About Business
Business Description: It’s a 20+ years old profitable company based out of Maharashtra, engaged into contract manufacturing of denim and cotton bottom-wears for all age groups for leading brands. The company mainly supplies to one of the leading reputed Indian brands. It is also Sedex compliant. Facilities: The company is well equipped with around 300+ machines modernized facility having a production capacity of around 90,000-100,000 units per month. The company has customers who are market leaders. The company has 3 manufacturing units near Thane. The company also has its corporate office (rented) in Mumbai. Current Production: is around 85,000 units per month with all systems and processes in place. Headcount: It’s a well-experienced team comprises of Promoter and around 500+ employees work for the company (50 to 60% are Permanent employees) Financials: Company's Revenue has grown at a CAGR of around 10.75% in last 4 years and EBITDA at 20% in past 4 years. Revenue records: Covid effect in 20-21. Revenue for April 2021 to Sept 2021 is around INR 15Cr+. FY20-21: INR 18.5Cr. FY 2019-20: INR 38.6 Cr. FY 2018-19: INR 34.8 Cr. FY 2017-18: INR 33.6 Cr. FY 2016-17: INR 31.37 Cr. FY 2015-16: INR 24.12 Cr.
Clientele type
We do contract manufacturing for Lee Cooper, Reliance, Myntra and many more well-known Indian brands
Premises
LEASED
Lease per month (in INR): 4.00 L
Security Deposit (in INR): 14.00 L
65000 sq ft
Asking Price Includes
All assets and liabilities except office space. Personal collaterals to be replaced.
Reason
Promoter is planning to raise fund for faster growth and automation
More Details
Huge scope, well trained team, long clientele relation
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₹10 to ₹200 Cr
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