A Profitable Glass Processing Business for Sale in Odisha
Listing ID: SL002884
Posted By: Owner
Last Active: 1+ year agoo
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The glass processing business was started in the year 1986 with 90 employees as a private limited company in Odisha. It is 250 km away from Bhubaneshwar. They manufacture glasses like toughened, tempered, laminated and isolating glasses (mainly used for AC coaches). The production capacity is 30000 sq ft per month. The unit is owned by the owner and the area of it is 4 acres whereby 2.5 acres of land is used for its business and another remaining part is for expansion. Their main target market is the Indian Railways on the tender basis and transportation companies. They also work for LED and halogen light companies along with architectures and commercial construction builders. Their main market is the eastern India. In the year 2009, they had built up the completely new plant as modernisation which is worth 2.5 Cr in the present era. The turnover for 2015-16 is 7 Cr and 2016-17 is 6 Cr with a net profit of 25%. The asking price of the business with Land is 10 Cr and without land is INR 8 Cr. The business is ready to take an outright sale with a readymade turnover of 5 Cr for the current projects to its buyers.

Reason

Retirement

Business Tags

High Production Capacity Reputed Clients

Keywords

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