Listing Details : LB-21998

Asking Price 7.5 Crs
Turnover 8 Crs
Legal Entity Proprietorship
Category Manufacturing
Sub Category Metals
Business Listed By Business Owner

Overview

This well-established MS binding wire manufacturing business in Chennai has been operating successfully for the past 40 years, earning a strong reputation across the South Indian market. The manufacturing facility is situated on a land area of approximately 1,750 sq. yards with a built-up area of 7,000 sq. ft., providing ample space for production and future expansion. The company manufactures high-quality MS binding wires in various gauges for construction, infrastructure, industrial, and fabrication applications. With an installed production capacity of 150 tonnes per month and current production of around 90 tonnes, the business offers significant growth potential. It enjoys a healthy net profit margin of approximately 22% and is supported by a loyal network of 25 long-standing dealers, many of whom have been associated with the business for over 25 years. The company processes an average of 6–7 tonnes of orders daily with an efficient execution timeline of 8–10 days, reflecting strong operational capabilities and consistent market demand.

Year of Establishment

1986

No. of Employees

10

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

6 Crs

Property Classification

N.A

Describe Property

N.A

Competition / Market

Yes

Products & Services

he company manufactures high-quality MS binding wires in various gauges for construction, infrastructure, industrial, and fabrication applications.

Growth Potential

High

Reason For Sale

Moving abroad

Financial Details

Contact Business