Manufacturing of Custom Made Industrial Gear Boxes, Crane Duty Gear Boxes Unit for Sale in Mumbai
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The company is a 20-year-old Pvt. Ltd. company into manufacturing of custom-made Industrial Gear Boxes, Crane Duty Gearboxes and Geared Couplings. The facility is located in Thane West. They manufacture a variety of gearboxes right from 100 sizes to 116 sizes. The gross margins for 112 size to 116 size gearboxes are 35% and for 100-112 are between 10%-20%. The turnover of a company for FY17 is 40 lakhs. They have regular and elite customers for gearboxes such as Comcast, Siemens, Mitsubishi, Bhagwati steel. For gear couplings, they sell to Bhagwati steels, Indocin, joystomech etc. The company has 3 Hobbing Machines, 2 Lathe Machines and various tools and fixtures required. Other processes such as fabrication and heat treatment is outsourced to nearby workshops. The company has the workshop of 550 Sq.Ft. carpet + 400 Sq.Ft. Mezzanine with proper workshop and office facility. INR 90 lakhs offer includes real estate as well.
Reason
The promoter is 68 year old and hence looking for a retirement. His son is not interested as he is working in IT Industry.
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₹10 to ₹200 Cr
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