Listing Details : LB-21684

Asking Price 1.1 Crs
Turnover 2 Crs
Legal Entity Proprietorship
Category Manufacturing
Sub Category Metals
Business Listed By Business Owner

Overview

Established in 2010, this well-established GI Wire Knitting manufacturing unit specializes in the production of 28-gauge GI wire knitting products and offers an excellent acquisition opportunity for investors and industry players. The unit operates from a fully furnished and well-equipped facility spread across approximately 4,000 sq. ft. on a rental premises, with a monthly rent of ₹35,000. The business has developed a stable customer base with more than 6 active B2B clients and maintains strong procurement relationships with 3 reliable suppliers. The company currently generates an annual turnover of approximately ₹2 Crore with an attractive profit margin of around 35%. The operations are supported by a skilled workforce of 12 employees, ensuring smooth production and quality control. Historically, the business achieved revenues of up to ₹4.5 Crore annually. The recent decline in turnover is primarily attributed to the relocation and shifting of the manufacturing facility, presenting a significant growth opportunity for the new owner to restore and expand operations. The sale includes the complete setup, machinery, and operational infrastructure required to continue the business seamlessly.

Year of Establishment

2010

No. of Employees

12

Current Status of Business

Running

Business Relocatable

No

Property Type

Leased

Rental per Month

35 Thousand

Describe Property

N.A

Competition / Market

High

Products & Services

GI Wire 28 Gauge

Growth Potential

Very High

Reason For Sale

Taking Retirement

Financial Details

Contact Business