Manufacturing Business for Sale In Bangalore
Product / Service
They are a Manufacturer of Polyurethane Armrest for office chair industries, Luxury Buses and Sleeping Coaches, Headrest and Ladder for Railways.
Clientele type
Some of their esteemed clientele are Feather Products Private Limited, Pace Seating Systems Private Limited, Aster Comfort Design Private Limited, Opal Designs and Engineers Private Limited.
Premises
LEASED
Lease per month (in INR): 16,000
Security Deposit (in INR): 100,000
Carpet Area: 1,500 sq ft
At the factory, during a single 10-hour shift, they have the capacity to produce 2000 units per day using their state-of-the-art automatic machine equipped with 40 molds. Over a 25-day working month, this translates to an impressive output of 50,000 units.
Asking Price Includes
The asking price of 1.2 Cr is for Investment, if someone wants to acquire the business, then the terms could be elaborated to potential buyers.
Reason
They need funds for working capital liquidity.
Other Details
Proprietor: Possesses an extensive 25-year background in the manufacturing industry, including a distinguished role as a General Manager.
The primary customer's demand stands at an impressive 100,000 units per month.
Raw materials are sourced from Delhi, ensuring the highest quality inputs.
The potential for expansion extends beyond their current operations, with the capability to venture into manufacturing products for the automobile industry.
Furthermore, the local market in Bangalore presents a significant opportunity. To tap into this potential, they are looking to acquire three additional machines and secure a 20,000-square-foot space.
The Company is completely bootstrapped and the Promoter has infused a sum of 70 lakhs in the business.
Keywords
Business Tags
₹10 to ₹200 Cr
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