Women's Ethnic Garment Manufacturing Business for Sale in Vadodara
Email
Phone
Google
LinkedIn
Facebook
Product / Service
Women's Ethnic Garment Manufacturing Business for Sale in Vadodara:
This business was established in 2013 in a partnership with a friend of the owner. Later, in 2014, the partner decided to start something of his own and stepped out of the partnership. Since then, the business is a sole proprietorship.
Having been established in 2013, they have a very closed set of trusted vendors as well as distributors, retailers, and business brokers. The location of the manufacturing facility is a very strategic location within the heart of the city of Vadodara, which enables them to efficiently outsource some operations (dyeing etc.) nearby within a very small time frame.
They started with manufacturing of ethnic women's wear (Chaniya Choli), then they added Indo Western Wear for Women and recently they have started with children's Wear too. Currently, they have a sales network in all of Gujarat and, parts of Rajasthan and Maharashtra too. Manufacturing the garment includes designing and all the aspects of tailoring (stitching, handwork, and embroidery etc.) the raw material to turn it into a ready-made garment. They have highly skilled and loyal masters, tailors, and workers.
The Promoter is retired from Railways in the year 2010 after completing a successful tenure of 30 years. Being a dedicated and hardworking professional all along the 30 years, it was difficult for him to accept his retirement and hence, he started his own venture entering in women's ethnic garment manufacturing inside a 3-floor property that he owns.
Having a good profit margin in this line of business, the owner planned to open showrooms under their own 'Brand Name'. But, unfortunately, due to a sudden decline in health and nobody to take care of the business as his successor, the owner have decided to sell the business completely including the facility real estate.
The last year's turnover was around INR 45Lakhs (with about 40% EBITDA). The asking price for the business and the real estate (approx. 1000sq. ft. per floor) is INR 1.5 Crores.
Reason
Poor health of the owner
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- 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?
