Listing Details : LB-11571

Investment Required 50 Lacs
Turnover 60 Lacs
Legal Entity Proprietorship
Category Manufacturing
Sub Category PVC Products
Business Listed By Business Owner

Overview

An one-year-old Armrest Manufacturing unit looking for investment/Joint-venture in Bengaluru. We are in the manufacturing of polyurethane armrests and are currently producing more than 7-8 models. We basically have a tie-up with Chair Manufacturers and supply it to the direct chair manufacturer. We have a contract with 5-6 chair manufacturers and are regularly supplying them. We have a semi-automatic machines and the manufacturing capacity of the unit is 15,000 units per month, but currently, we are producing 8,000 units per month. We want to expand our business and want to purchase an advanced automatic machine.

Year of Establishment

2022

No. of Employees

8

Current Status of Business

Running

Business Relocatable

No

Purpose of Joint Venture

Technical

Role of New Partner

Silent

Property Type

Leased

Rental per Month

N.A

Proposed Deal Structure

Disclosed after discussion.

Competition / Market

Very few.

Products & Services

We are in the manufacturing of polyurethane armrests, we have 7-8 models.

Growth Potential

We want to expand our business and want to purchase an advanced automatic machine.

Financial Details

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