Listing Details : LB-12885

Asking Price 50 Crs
Turnover 5.5 Crs
Legal Entity Private Limited
Category Manufacturing
Sub Category Specialized Retail Products
Business Listed By Business Owner

Overview

Electric Scooter Company for Sale. Based in Nagpur, our manufacturing unit spans 20,000 sqft with a monthly rent of Rs 90,000. As Central India's inaugural electric two-wheeler manufacturer, we specialize in providing the highest quality e-scooters and customer service excellence. With a portfolio of 6 models, we've successfully sold 3,000 scooters nationwide. Presently, we boast 20 active dealers in Vidarbha, Karnataka, Telangana, MP, and Assam, with plans to expand this network to 200 dealers across our existing states. Our current inventory includes 80 lakh worth of raw materials and 35 machines. Positioned as pioneers in Central India for electric scooter manufacturing, this business offers a unique opportunity for growth and expansion.

Year of Establishment

2019

No. of Employees

10

Current Status of Business

Running

Business Relocatable

No

Property Type

Leased

Rental per Month

90 Thousand

Describe Property

N.A

Competition / Market

Yes we have some competition

Products & Services

our manufacturing unit spans 20,000 sqft with a monthly rent of Rs 90,000. As Central India's inaugural electric two-wheeler manufacturer, we specialize in providing the highest quality e-scooters and customer service excellence. With a portfolio of 6 models,

Growth Potential

Very High

Reason For Sale

Limited working capital and existing debt pose current financial challenges.

Financial Details

Contact Business