Acquire a running PET bottles business in Mumbai
Product / Service
Well established old company into manufacturing of PET Bottles. It makes fridge PET bottles, pickle bottles, containers through PET Blow process and caps for the bottles through injection molding process. They have a capacity of around 10 lakh bottles per month with 20-24 hour shifts. Currently they are running 12 hour shifts. They are selling to wholesellers (70%) and doing contract manufacturing (30%). The turnover is 4.5 Cr and net profit of around 1.42 Cr. Its majorly a cash business so balance sheets wont reflect true picture, buyer will need to do due diligence after the offer. All the payments to wholesellers is instant and hence very low working capital requirement. They are working in around 1500 sq.ft. of galas (Real Estate is not included in Sale) with 30-35 workers (4 are technical staff, rest are daily wage workers). Entire business along with clients, goodwill, molds, stock & machinery is available except the real estate. Full Sale Price is around 3 Cr
Reason
Have other business to concentrate on
Business Tags
₹10 to ₹200 Cr
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