Listing Details : LB-11352

Asking Price 3.5 Crs
Turnover 9 Crs
Legal Entity Proprietorship
Category Manufacturing
Sub Category Hardware and Paint
Business Listed By Business Owner

Overview

A Door lock and Door hardware manufacturing unit is available for sale in Ghaziabad. The Unit was started in 2009 on a land area of 1500 sq. yards with a fully built-up area of 3 floors. At the start we were just manufacturing door hinges but later on, we started manufacturing mortise locks, al-drops, tower bolts, stoppers etc . Now we have a product range of Mortise Handles in Economic and Premium ranges and Hardware Products ( Cylinders, Cupboard locks and lock bodies). We have 8-9 categories and more than 300 SKUs. We have press shop, electroplating, electrophoretic, spray laquer, buffing, traub machines, argon welding and tool room in house. We have 20 Distributors and 120 retailers, covering the whole of North India. The production capacity of the manufacturing unit is 50 tonnes per/month, but currently, we are producing 20 tonnes per /month. We are gaining a net profit of 5% -6%.

Year of Establishment

2009

No. of Employees

75

Current Status of Business

Running Profitable

Business Relocatable

Yes

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

The land area of 1500 sq. yards with a fully built-up area of 3 floors is not included in sell.

Competition / Market

Yes, competitors are there.

Products & Services

we have a product range of Mortise Handles in Economic and Premium ranges, aldrops, tower bolts, hinges, stoppers, door handles, we have 8-9 categories and 200 SKUs.

Growth Potential

Growth potential is high.

Reason For Sale

Shifting to another country

Financial Details

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