Listing Details : LB-5018

Asking Price 20 Lacs
Turnover 34 Lacs
Legal Entity Proprietorship
Category Manufacturing
Sub Category Electric and Electronics
Business Listed By Business Owner

Overview

* Proprietary manufacturing. Most of the production activity is out-sourced to reduce in-house expenses. * Great business opportunity with potential to scale-up. * Key products are Embedded Programming Tools, Application Development Boards etc. * Products are very popular and in high demand amongst all sectors of the Industry and Education. * Some of our esteemed customers are large private companies like TCS, Infosys, Honeywell, Wipro, Tata Motors, Mahindra, TVS Motors, Bosch, L&T Ltd., KPIT, GE, Philips, Godrej, Schneider, Siemens, etc. and large public sectors like BEL, BHEL, KELTRON, ARAI, IISC, ISRO etc. and educational institutions like IIT Powai, IIT Bangalore, IIT Chennai, MS Ramaiah Bangalore, University of Pune, etc. * Company's website has full ecommerce functionality for B2C & B2B. Products are also listed on Amazon and sales on online portals are on an increasing graph. Online customers feel confident of buying genuine products which are packaged professionally and have warranty. * Digital Marketing push through Facebook, LinkedIn. * The asking price is INR 20 lakhs only, for transfer of business ownership which essentially means you become the owner of the Trade Mark brand which includes Brand Goodwill, Customer Database, associated Website IP, Dies for Production, Test Equipment etc.

Year of Establishment

1990

No. of Employees

2

Current Status of Business

Running Profitable

Business Relocatable

Yes

Property Type

Owned

Property Value

1.5 Crs

Property Classification

Commercial

Describe Property

If interested in acquiring the Property (a self-owned Commercial Office, well furnished with a corporate look, size 1000 sq. ft.), and Business Assets like Inventory, Stock and Equipment/Fixtures, then please contact seller directly for a separate quote.

Competition / Market

NA

Products & Services

Manufacture of Embedded Tools like Programmers & Debuggers, Evaluation Boards, etc.

Growth Potential

Scope for expansion with substantial profits by opening more branches and creating awareness, Customers will always prefer reasonably priced licensed and genuine tools.

Reason For Sale

Retirement.

Financial Details

Contact Business