Listing Details : LB-21186

Asking Price 40 Lacs
Turnover 1 Crs
Legal Entity Proprietorship
Category Manufacturing
Sub Category Textiles & Garments
Business Listed By Business Owner

Overview

A well-established socks manufacturing unit, operational for the past 3 years, is now available for sale. The facility spans 1,350 sq. ft. and is fully furnished, well-equipped, and efficiently organized, with a monthly rental of ₹29,000. The unit specializes in manufacturing medium to premium quality socks, catering to consistent demand in the market. It currently serves 5+ clients on a job work basis, ensuring steady business flow. The production setup includes 18 fully automatic machines along with supporting machinery, enabling smooth and scalable operations. Raw materials are easily sourced from local suppliers, ensuring cost efficiency and uninterrupted production. The business generates an annual turnover of approximately ₹1 crore with a profit margin of around 10%. The unit is managed by a skilled team of 5 employees, including 4 operators and 1 knitting expert, ensuring quality output and operational stability. This is an ideal opportunity for investors or entrepreneurs looking to enter or expand in the textile manufacturing sector.

Year of Establishment

2022

No. of Employees

5

Current Status of Business

Running

Business Relocatable

No

Property Type

Leased

Rental per Month

29 Thousand

Describe Property

N.A

Competition / Market

High

Products & Services

Medium and Premium Socks

Growth Potential

Very High

Reason For Sale

Due to Engaged in other Business.

Financial Details

Contact Business