Products/Service

SERVO lubricants.

Clientele Type

All major industries of Mumbai, Raigad & Ratnagiri.
We have 300+ clients.

Premises

We have taken a godown on rent in Sewri Mumbai.
It's per month rent is INR38,000
The carpet area of the premises is 1,500Sq Ft

Asking Price Includes

Asking price includes goodwill of 20 years, existing customers and transfer of appointment as stockist from IOC.

Reason

Need funds for some other business.

Other Details

We are the authorized stockist for SERVO lubricants for Mumbai, Raigad & Ratnagiri. We are sole suppliers of SERVO lubricants of IOCL.
SERVO has a 60% market share in the industrial lubricant market and we as a supplier enjoy a monopoly of being sole suppliers for SERVO lubricants.
We have been appointed as the suppliers to Indian Oil.
We are the only supplier in Mumbai, Raigad & Ratnagiri.
Our monthly sale is around 70,000L to 80,000L of oil
Our monthly expenses are around INR2,00,000 to INR3,00,000
We have a debtors of INR1,00,00,000.
Profit margin in this field is around 15% to 20%