Handcrafted Sumatran Bags, Empowering Artisans

Featured on BusinessForSale.com . 18 viewed

Asking Price

$500

FOR SALE - ACTIVE

Detailed Information

Location

US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

Banda Bags is a socially conscious brand that specializes in handcrafted bags from skilled artisans in Sumatra. Their product line features beautifully embroidered handbags with authentic designs inspired by Sumatra's cultural heritage, emphasizing quality and sustainability. The brand is dedicated to providing fair wages and empowerment to artisans while contributing positively to local communities. With nearly a decade of operation, Banda Bags has built a loyal customer base primarily comprising fashion enthusiasts and conscious consumers, with plans to expand into men's handbags. The business, operated by a two-person team, has achieved an average annual revenue of $690k USD online and is exploring opportunities to expand into B2B channels and increase PR exposure. Currently establishing a B2C sales channel in the UAE, Banda Bags aims to unlock its untapped potential. Looking ahead, Banda Bags sees significant opportunities for growth and success with the right team and resources. They believe that the brand is poised for expansion and are confident that with the right support, it can reach

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