Listing Details : LB-13218

Asking Price 8 Crs
Turnover N.A
Legal Entity Proprietorship
Category Manufacturing
Sub Category Paper & Packaging
Business Listed By Business Owner

Overview

A closed paper mill facility is now available for sale or joint venture in Panchkula, NH-73. Established two decades ago, the property spans 11,000 sq yards with a built-up area of 5,000 sqft. Previously dedicated to manufacturing writing and printing papers, the mill ceased operations eight years ago. Despite the closure, the infrastructure remains intact and in good condition. With a past production capacity of 20 tons per day, the closure was attributed to a lack of caretakers. The prime location offers a versatile opportunity for potential buyers, as the expansive land could be repurposed for a marriage palace, hotel, or water park. Take advantage of this ready-made setup in a strategic location with diverse possibilities for redevelopment.

Year of Establishment

2003

No. of Employees

N.A

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

Yes we have some competition

Products & Services

Established two decades ago, the property spans 11,000 sq yards with a built-up area of 5,000 sqft. Previously dedicated to manufacturing writing and printing papers, the mill ceased operations eight years ago. Despite the closure, the infrastructure remains intact and in good condition.

Growth Potential

Growth rate is high

Reason For Sale

There is nobody to take care of the mill

Financial Details

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