Listing Details : LB-15012

Asking Price 40 Lacs
Turnover N.A
Legal Entity Proprietorship
Category Manufacturing
Sub Category Paper & Packaging
Business Listed By Business Owner

Overview

A well-established PP bags manufacturing company based in Bhubaneswar, Odisha, is now available for sale. The sale primarily includes machinery. The company produces its own branded PP bags and is also involved in trading activities. These bags are widely used for containing and transporting various goods such as construction materials, fruits, vegetables, and more. The manufacturing unit is set up on a rented property with a total area of 3,000 sq. ft. and a covered area of 2,000 sq. ft. Raw materials are sourced from two suppliers, and the company currently produces 20 tons of PP bags per month, with a total production capacity of 25 tons (which can be expanded).The company has an established distribution network across Odisha, working with 30 wholesalers and retailers. The PP bags cater to a wide range of industries, including cement and construction, food packaging, retail, and waste disposal. Additionally, we are open to joint venture opportunities.

Year of Establishment

2019

No. of Employees

4

Current Status of Business

Running Profitable

Business Relocatable

N.A

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

Yes

Products & Services

Plastic Bags

Growth Potential

High

Reason For Sale

Have Multiple Business

Financial Details

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