Overview
We are offering a newly established Hb wire and wire products manufacturing unit for sale, located in Belgaum. Founded in 2024, the business operates within the steel industry under the MSME model. The facility spans 0.5 acres with a 9,000 sq. ft. shed, labor rooms, a borewell, and is equipped with an EOT crane and essential machinery. The unit has a production capacity of 200 tons of Hb wire per month, with additional wire products including weld mesh as well, produced alongside. Currently, we have six active clients and require a team of 10 employees for full operational efficiency. The asking which includes land, infrastructure, and machinery. Due to a lack of funding, we are seeking a buyer to take over this promising venture. This is a great opportunity for investors looking to enter or expand within the steel manufacturing sector. This is a new Facility initiated its operations in November 2024 and till feb we have generated 45 lakhs of revenue. We have secured upfront orders totaling 160 tons, but we're currently unable to fulfill them due to insufficient working capital
Business Details
Describe Property
N.A
Competition / Market
Yes, there is competition
Products & Services
HB wires, Weld Mesh and other wire products
Growth Potential
High growth
Reason For Sale
Lack of funds
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.