Listing Details : LB-13905

Asking Price 30 Crs
Turnover 12 Crs
Legal Entity Proprietorship
Category Manufacturing
Sub Category Electric and Electronics
Business Listed By Business Owner

Overview

An Electrical Appliance owned brand plus OEM Business in Sonipat operating on a rented premises of 5 floors on a plot area of 1800sqm, 60% built up and 40% shed area with a rental of Rs. 5 lacs per month is available for sale. The business has 4 verticals: 1)Injection Moulding set up for manufacturing Geyser Parts. 2) Ceiling Fan Manufacturing Unit 3) Wall Fans, Table fans etc 4) Mixers and Grinders. The business is running for the last 5 years. 80% of our business is where we are working as OEMs (5-6 brands) & few vendors as tier 1 and the rest 20% is where we are selling our own brand fans, juicer- mixer, and plastic cabinet directly into the market. We are OEM suppliers to well-known Indian and International electrical brands. 5-7% of our sales in through exports. The business has huge scope to expand as the business can do a turnover of more than Rs 100crs without any changes in the plant and machinery. Working capital is a constraint for us because of which we are unable to expand. We are open to getting an equity investment as the future potential is very high.

Year of Establishment

2018

No. of Employees

70

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Leased

Rental per Month

5 Lacs

Describe Property

1800 Mt. sq.

Competition / Market

Yes we have competitors, but our main business is to supply to brand hence we don't have any future threat

Products & Services

Ceiling fan, Mixer-Juicer, Plastic Cabinet, Gyser parts, Wall Fans, Table fans

Growth Potential

Huge growth potential is in the market

Reason For Sale

Lack of working capital to expand and sustain. We are open to investment as well as the business has huge potential

Financial Details

Listing Details : LB-13905

Asking Price 30 Crs
Turnover 12 Crs
Legal Entity Proprietorship
Category Manufacturing
Sub Category Electric and Electronics
Business Listed By Business Owner

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