Running LED Lighting Business for Sale in Mumbai
Product / Service
The company was incorporated in 2007 as a private limited and the business commenced in 2009. The company has an extensive customer base and is fairly popular in the market. Currently, their products are sold in Maharashtra, Goa, Bangalore and Hyderabad. The business has great scope for expansion by increasing the sales territory within India as well by exports in the Middle East and Africa.
So far they have been importing the products as per their design but now have started in-house assembly by sourcing certain sub-assemblies from within India. The growth rate of this industry segment is over 25% year-on-year and the market size will be over 20,000 Crores by 2020. They are open to provide handholding and consultation services for a period of maximum 2 years to enable the prospective buyer to assimilate the whole business processes etc.
The last year's revenue is about INR 1.75 Cr.
The asking price for this lucrative business is INR 1.75 Cr. (Negotiable).
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Reason
Planning exit from the business as there is no succession plan.
₹10 to ₹200 Cr
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