Listing Details : LB-9543

Asking Price 2.3 Crs
Turnover 1 Crs
Legal Entity Proprietorship
Category Manufacturing
Sub Category Textiles & Garments
Business Listed By Business Owner

Overview

A recently closed garments manufacturing unit located at Hindupur, Andhara Pradesh is available for sale. The area of unit is about 1856 sq.mt and the built up area 7500 sq.ft. The unit have been established in 2018 and stopped its operations in December 2020. The unit is into the manufacturing of casual and formal shirt of men and women. Total production capacity of the unit is about 650 shirts in a day and the recent production capacity was about 500 shirts in a day. The unit was selling the products to the sub-dealers and wholesaler only and having 4-5 sub dealers in Bangalore. They were majorly supplying their products in the bulk quantity to the customers. The unit is ready for sale with all plant and machinery and other related documents and licenses.

Year of Establishment

2018

No. of Employees

0

Current Status of Business

Closed

Business Relocatable

No

Property Type

Owned

Property Value

2.5 Crs

Property Classification

Industrial

Describe Property

The area of unit is about 1856 sq.mt and the built up area 7500 sq.ft.

Competition / Market

NA

Products & Services

Casual and formal Shirts Ladies Dress.

Growth Potential

High potential business having all the latest machinery and plant with existing customer database

Reason For Sale

Lack on manforce

Financial Details

EBITDA :- 75 Lacs
PAT :- 55 Lacs
Debt :- 35 Lacs
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