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Textile Business Investment Opportunity in Mumbai, India

Mumbai-based merchant exporter of home textiles with 4 major export clients, seeking investment for expansion.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 10 - 20 %
Industries Textile + 1 more
Locations  Mumbai
Local Time 8:06 AM Asia / Kolkata
Listed By Management Member
Status Recently Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 28.0% stake (Native Currency: INR 50,000,000)
Reason: Seeking funds to expand our scale of operations that involves product category expansion, getting a ... View More
Includes physical assets worth USD 60 thousand
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Business Overview

- Mumbai-based merchant exporter of home textiles, specializing in products such as kitchen towels, kitchen aprons, and dining table linens.

- Has 4 export clients in African countries and the UAE, with one major repeat client in the UAE, and has served clits from the EU, UK, and US.

- The company is SEDEX compliant and export frequency is approximately once every 3 months for each client, with an average export value of USD 40,000.

- Supplying to distributors and retailers in India as well. Has covered a major part of the South Indian market and is looking to expand to other regions in India.

- Business is B2B. Clients include distributors, supermarkets, hypermarkets, designer stores, and hotel chains.

- The company plans to approach buying houses of hypermarkets such as Lidl, Macy's, Carrefour, and REWE to expand client reach.

- The business aims to expand its product category to include bath and bed textiles, which have a larger market and turnaround.

- Business has GST and IEC registrations.

- Planning to establish as Pvt Ltd format company if the deal goes through.

Funds are being raised for:

1) Set up a small manufacturing unit.

2) Expand the team - majorly hire marketing & sales people & also product developer & designer.

3) To start operations in India and expand wings here as well.

4) To start B2B (1st one in India) & D2C online platform.

5) To apply for various compliances.

Products & Services Overview

The company manufactures, sells & exports various products of home textiles like kitchen towels, kitchen aprons, dining table linens etc.

Currently, the majority of the revenue is from the B2B export channel - clients include distributors, supermarkets, hypermarkets, designer stores, and hotel chains.

Assets Overview

Physical assets include inventory, machines, and warehouse equipment.

Facilities Overview

Operating from a rented facility of 1,897sq. ft which is used as a warehouse cum stitching unit with 6 machines.

Located in Dahisar West, Mumbai.

Capitalization Overview

Business is self funded.

We have some loans from family & friends of around INR 1 Crore.

The promoter's father is the owner holding 100% shares in the business.

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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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