Listing Details : LB-8723

Asking Price 25 Crs
Turnover 60 Crs
Legal Entity Private Limited
Category Pharmaceutical Industry
Sub Category Medical Disposables
Business Listed By Representative

Overview

A Latex Glove manufacturing unit running since 17 years for sale in Coimbatore. The land area of the unit is 5.5 acres having the constructed area of 47,000 sq ft. Currently the unit is producing 2 lac pairs of gloves per day. It is running only on 40% capacity for now. There are 50+ employees. The profit margins are 40%-50%. The supplies are to the medical hostchemical industries and many more insudtries where the gloves are used. The unit is in running condition but operations are closed since July. The turnover of 60 crs was achieved in financial year ending 2022.

Year of Establishment

2003

No. of Employees

50

Current Status of Business

Closed

Business Relocatable

Yes

Property Type

Owned

Property Value

11 Crs

Property Classification

N.A

Describe Property

Land Area-5.5 Acre Built Up Area-45000Sqft Asking price is inclusive of Land area, builtup area, machinery and business.

Competition / Market

Na

Products & Services

Latex glove

Growth Potential

High

Reason For Sale

Retiring

Financial Details

Listing Details : LB-8723

Asking Price 25 Crs
Turnover 60 Crs
Legal Entity Private Limited
Category Pharmaceutical Industry
Sub Category Medical Disposables
Business Listed By Representative

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