Banda Bags is a socially conscious enterprise that has been operating for nearly 10 years. Our brand takes pride in offering handcrafted bags originating from skilled artisans in Sumatra. Our product line consists of beautifully embroidered handbags that emphasize quality, sustainability, and authentic designs inspired by Sumatra's rich cultural heritage.
We are dedicated to providing fair wages and empowerment to our artisans, fostering positive change in their local communities. In the past 10 years, we have built a loyal customer base with a 40–50% return rate. This includes fashion enthusiasts and conscious/sustainable consumers amongst the female demographic; however, expansion into men's handbags is currently underway. In addition, we are currently building a B2C sales channel in the UAE.
This business has incredibly untapped potential; solely operating as a two-man team, Banda Bags has amassed an average annual revenue of $690k USD online and has yet to expand to B2B channels, which can include work at trade shows, shopping events, and markets. In addition, with such a beautiful backstory, Banda Bags has had very limited PR exposure and this is another important avenue to explore.
At Banda Bags, there is so much room for growth and opportunity. With the right team and funds, the sky is the limit, and we are confident that whoever acquires it will take it to the next level it deserves.
