Textile Business Investment Opportunity in Mumbai, India
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 |
- 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.
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.
Physical assets include inventory, machines, and warehouse equipment.
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.
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.