Products/Service

Fantastic opportunity to takeover a successfully running business in the automobile industry in Pune. The business manufactures automated cost effective, high quality products used as automated solutions in automobiles. The products are for OEMs for after sales service of two wheelers and four wheelers. The products are sold B2B as well as B2C. The manufacturing facility is located in MIDC, Pimpri Chinchwad, Pune on 8000 Sqft land with 5000 Sqft of workshop area. It is a fully furnished and well equipped 2 floored building. The company is in existence since 5+ years and has been increasing its turnover exponentially since its inception. Turnover in 2012-13 was around Rs. 5 Cr. which increased to Rs. 8 Cr. in 2013-14 and they are expecting to close around Rs. 12 Cr. in this FY (2014-15). EBITDA in 2013-14 was around Rs. 3 Cr. The company has clients at PAN India level. It is a private limited company run by 3 directors and 15+ permanent employees. Other employees hired on contract basis as required for accomplishing the orders. Asking Price: INR 12 Cr.

Reason

Diversification into other products