Listing Details : LB-21701

Asking Price 2 Crs
Turnover 2.5 Crs
Legal Entity Proprietorship
Category Trading Business
Sub Category Hardware & Electronics
Business Listed By Business Owner

Overview

Established in 1988, this well-established switchgear products business has built a strong reputation for supplying industrial electrical switchgear solutions to a diverse customer base. The company operates from a 350 sq. ft. fully furnished office located in an owned industrial premises, providing a stable operational setup with no rental obligations. The business serves more than 300 clients, with 70% comprising corporate customers and the remaining 30% including dealers, contractors, and builders, ensuring a well-diversified revenue stream. It maintains reliable procurement through five established suppliers and carries an inventory valued at approximately ₹15–20 lakh, enabling efficient order fulfillment. Generating an annual turnover of around ₹2.5 crore with a healthy profit margin of 15–20%, the business demonstrates consistent financial performance. Managed by a lean team of three experienced employees, it offers an excellent acquisition opportunity for companies looking to expand in the industrial electrical sector or entrepreneurs seeking a profitable business with a strong market presence and long-standing customer relationships.

Year of Establishment

1988

No. of Employees

3

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

high

Products & Services

Switchgear products for Industrial applications product

Growth Potential

very high

Reason For Sale

Due to age issue

Financial Details

Listing Details : LB-21701

Asking Price 2 Crs
Turnover 2.5 Crs
Legal Entity Proprietorship
Category Trading Business
Sub Category Hardware & Electronics
Business Listed By Business Owner

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