woven sacks manufacturing unit for sale

Mandated

PP/HDPE Woven Sacks Manufacturing Unit in Una for Sale

Business For Sale

Manufacturing

04-09-2024

Listing Details : LB-323

Asking Price	15 Crs
Turnover	40 Crs
Legal Entity	Private Limited
Category	Manufacturing
Sub Category	Paper & Packaging
Business Listed By	Business Owner

Contact Information

Overview

The Company manufactures plastic (PP/HDPE)woven bags starting with PP granules as raw material. Process involves tape manufacturing, weaving into circular/tubular fabric, auto roll printing, cutting, stitching and baling. The Capacity of the plant is 4000mt/ per annum. There are 2 Units adjacent to each other and 2 Tape Lines Installed of Lohia. The sale of finished goods is to the Cement Industry, Sugar Industry and other allied industries which use these bags. The Units are running below capacity and with existing Infrastructure the units can easily do a turnover of Rs 75 crs per annum. While the Tape line is 5 years old, however the balance machinery and looms have been upgraded last year and this has enhanced capacity and value Additions

Year of Establishment

1998

No. of Employees

170

Current Status of Business

Running Profitable

Business Relocatable

Property Type

Owned

Property Value

8 Crs

Property Classification

N.A

Describe Property

Unit 1 : High Roof factory sheds with AC sheets : 20,500 sq. ft. With low height AC sheets roof (for finishing section) : 6,000 sq. ft. RCC Building : 9,400 sq. ft. Total : 35,900 sq. ft. Unit 2 : High Roof factory sheds with coated GI sheets : 16,500 sq. ft. RCC Building : 8,500 sq. ft. Total : 25,000 sq. ft.

Competition / Market

Like most other businesses there is a competition in this business too.We have faced it for 25 years and are growing. Expansion and modernization will improve its competitiveness.Has been a supplier to ACC for cement bags for almost 20 years. Ambuja cement and RIL are other reputed customers. Cement companies in J&K are our customers and a high revenue source and logistically we are the best placed for this.

Products & Services

The company manufactures plastic (PP/HDPE)woven bags starting with PP granules as raw material.

Growth Potential

The company plans to soon enter into powder milk as well as BOPP reverse laminated bags for which most manufacturing equipment is already available.Offers good growth potential along with cement bags, which is our mainstay market.