1. Businesses
  2. Retail/Wholesale
  3. Maharashtra
  4. Mumbai
  5. SL006565
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Well Known Brand of Leather Accessories for Sale in Mumbai

Listing ID: SL006565
Posted By: Owner
Last Active: 1+ year ago
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About Business

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

Clientele type

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

Premises

Marketing Personnel

Asking Price Includes

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

Reason

nobody to take over after the owner

More 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.

Keywords

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Business Tags

Brand Contract with well-known Brands Corporate Clientele Distribution in multiple cities Good customer base Good Customer rapport Good relations Good reputation Huge potential Low Investment Profitable Quality Products with Brand name Registered Trademarks Strong goodwill Strong presence in market Website Wide range of Products

Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

Credible Buyer Connections, Confidential Discussions, and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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  • Amount of additional investment that will be required to grow business
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  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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