Listing Details : LB-9584

Asking Price 12 Crs
Turnover 1 Crs
Legal Entity Private Limited
Category Manufacturing
Sub Category Electric and Electronics
Business Listed By Representative

Overview

Recently closed audio speaker manufacturing unit located in Chennai is available for sale. The unit was established in 1995 and has stopped their operations from last 2 years. It was running on the rental place of 52800 sq.ft land. We are the manufacturer of high-quality speaker drives and voice coils with a global clientele. Our products find applications in automobile, audio, television, multimedia and public address systems. Approved by original equipment manufacturers the world wide. We are specialized in Car audio system. The company's manufacturing facility is located at Special Economic Zone of Chennai. The facility was operated with machines and equipment imported from Japan, Taiwan and Malaysia. On similar lines, raw materials were sourced from Japan, Malaysia, South Korea, Taiwan, Indonesia, Singapore and China . With an installed capacity of 500,000 speakers a month. Our major client was Sony. Worldwide Sony, Sharp Worldwide, Toshiba, Alpine India, Nippon Audiotronix, AUTOCOP INDIA, Reputed OEM's Worldwide in Europe and USA. Its an ISO certified company having all the other documents with raw material, and the database of potential clients.

Year of Establishment

1995

No. of Employees

0

Current Status of Business

Closed

Business Relocatable

No

Property Type

Leased

Rental per Month

N.A

Describe Property

it was running on the rental place of 52800 sq.ft land.

Competition / Market

Other speaker manufacturing company

Products & Services

Audio speaker

Growth Potential

provides a complete range of production combinations and product mixes. One can start the business n few days or week after acquiring the business.

Reason For Sale

Retirement

Financial Details

Contact Business