Well Known Brand of Leather Accessories for Sale in Mumbai

Available on Introduction
Listing IDSL006565 Asking Price (in INR) INR 9.00 Crore Last Year TurnoverINR 3.04 Crore EBITDA/ Operating Margin % 11%
  • Well Known Brand of Leather Accessories for Sale in Mumbai

Business Details

PRODUCTS & SERVICES

Leather & Non-Leather Accessories like Belts, Wallets, Executive Bags, Laptop Bags, Passport Holders, Keyfobs, Card Holders, Gift sets etc

CLIENTELE

Future Lifestyle, Aditya Birla Retail, Shoppers Stop Ltd, Lifestyle Ltd, Pepe Jeans, Metro Shoes, Brand Factory, Amazon, Flipkart, Myntra, etc

PREMISES

Marketing Personnel

OTHER DETAILS

This Private Limited business is operational since 1995.
Their head office is located in Mumbai.
Their products are available in several retail outlets as well as on premier online shopping portals in India as well as offshore too.
They are the 1st in India to launch customized wallets which can be created online and each piece is then delivered directly to the customer.
There are 5 Zonal heads in metro cities each handling 10-15 stores like Brand Factory, Megastores in their Zone for in-house brands and it also directly supply to warehouses of Lifestyle, Shoppers Stop, etc where they eventually distribute.
They have been supplying earlier to many more 3rd party brands and Pharma Sector which can be pushed for higher turnover.
It has a huge scope of expansion by adding retail stores.
They earn 50% of total sales from Retail Outlets and the other 50% from the third party brand..
Turnover for the year 2018-19 was approx. INR 3 Cr.
Asking price is INR 9 Cr.

ASKING PRICE INCLUDES

Stocks & Debtors of 1.2 Cr, Goodwill, entire ready setup

IndustryRetail Wholesale (Other) LocationMumbai
Total Views141 Last Active3 weeks ago
Entity typePrivate Limited Started in 1995
Transaction TypeFull Sale Employees35
Reasonnobody to take over after the owner

Please note: Documents collected for our review only. These will not be shared with any third party.
Verification of the listing does not imply that Asking price reflects the valuation of the business

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