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Profitable Leather Goods Business for Sale in Dhaka, Bangladesh

For sale: Fashion brand with a specialization in leather products.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 13 thousand
Run Rate Sales USD 10 thousand
EBITDA Margin 40 %
Industries Leather Goods
Locations  Dhaka
Local Time 11:12 AM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 16 thousand (Native Currency: BDT 1,800,000)
Reason: The owners are planning to shift to a different industry. And they are not able to give this high po... View More
Includes physical assets worth USD 7 thousand
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Business Overview

- Our business sells luxurious and exotic handmade, hand-stitched leather goods, luxurious pens, and own brand watches.

- It has been a highly profitable business since 2018 & we have our own production plant.

- We also have an atelier lounge where potential buyers take our appointments and pay their visit to experience world-class handmade leather goods, luxurious ballpoint, and fountain pens.

- Premium leather strap watches have been one of our greatest products too.

- We manufacture leather goods and have a daily production capacity of 10 units.

- The pens and watches are imported and sold under our own brand name.

- We have active Facebook and Instagram pages.

- The business has two owners with an equal stake in the company.

- The company does not have any outstanding liabilities.

- Since our inception, we have served 1,270 clients.

- The company experienced a slight reduction in run rate sales due to the economic crisis.

- Also due to other commitments of the owners, they were not able to give much time to this company.

Products & Services Overview

Our products include handmade and hand-stitched luxury leather goods such as wallets, card holders, laptop sleeves, sunglasses cases, long wallets, clutch bags, notebook covers, and so on. We specialize in everyday carry small leather goods.

Apart from these leather goods, we have been the only brand in Bangladesh that sold premium quality executive class metal pens and watches where the products were sold in the name of the brand. These products are imported.

Assets Overview

Tangible assets include office furniture, stationery supplies, printers, lounge room couches, entire production plant and machinery, and surveillance equipment.

Intangible assets include staff, goodwill, a customer base of 4 years, customer data & contacts, 17k+ Facebook followers, 4.8k Instagram followers, brand name, brand domain, brand email hosting, and the credit of being Bangladesh's first brand specializing in their own brand named luxury products.

Facilities Overview

We have an office in Dhaka which is a 700 sq ft space that includes our production plant, a lounge room for entertaining the clients, and the administration office room. The facility is rented.

Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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