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.
Business Details
Describe Property
N.A
Competition / Market
High
Products & Services
GI Wire 28 Gauge
Growth Potential
Very High
Reason For Sale
Taking Retirement
Financial Details
How the Acquisition Process Works
- 01Share Your RequirementsDefine your acquisition goals and preferences.
- 02Explore OpportunitiesReview curated businesses matching your criteria.
- 03Evaluate & ValueAnalyse financials, potential, and valuation.
- 04Due DiligenceVerify business, legal, and financial aspects.
- 05Complete AcquisitionNegotiate, close, and take ownership.