Clothes Dryer Business for Sale in Chennai

Available on Introduction
Listing IDSL004960 Ticket SizeUp to 10 lakh Last Year TurnoverINR 1,500,000 Verification Status Pending

Business Details

It is manufacturing company started operations from 2013 based in Chennai. They are the manufacturer for Ceiling mounted dryer clotheslines. The clotheslines are made of Quality Aluminum pipes, which mean that the rusting or oxidation of pipes does not occur and is even stronger and more durable. Each Aluminum steel pipe is raised and lowered by a Plastic cord for hanging clothes separately. The neat compact design allows it to be installed in many different areas like passage, bedroom, bathroom, or in balconies.
The unit has member machine, ceiling machine, head cutters, cutting machine and fixtures. Each parts of clotheslines has one component die and injection molding die also. The daily average production is 100 complete set of clothesline. They have their own brand name. They have dealer network in Andhra Pradesh , Karnataka, Kerala, Tamil Nadu. They also sell through online medium. They sell to dealer at average rate of INR 2,700 and direct customer at 3,700. The owner wants to sell complete including inventory also. They have total 5 employees. The profit margin is 40%.
The turnover for FY 18 was INR 15,00,000.
The asking price is INR 4,50,000.

Last Years Gross ProfitAvailable on request EBITDAAvailable on request
Total Views526 Last Active2+ months ago
IndustryManufacturing (Other) LocationChennai
Entity typeSole Proprietorship Started in 2013
Transaction TypeFull Sale Employees1-10
ReasonOwner moving to another city

Please note: Documents collected for our review only. These will not be shared with any third party.
Verification of the listing does not imply that Asking price reflects the valuation of the business

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