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  3. Maharashtra
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  5. SL002994
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Profitable Tea Bag and Filter Mfg Co For Sale in Thane

Listing ID: SL002994
Posted By: Owner
Last Active: 2+ months ago
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About Business

The business manufactures, stocks, markets, distributes and exports precision woven mesh fabrics & monofilament bolting filtration cloth. The business holds a very strong position in the market and has minimal competition. Target industries include healthcare, food, beverages and milling industries. It has recorded 24% increase in sales in screen printing fabrics a previous year.
Business Highlights: Registered trademark for 2 brands, Long presence & sound positioning in market, Gross Profit margin > 39%, Wide clientele from various industries, All licenses (SME, FSSAI & ISO 9001:15), Export ready
Products: - Monofilament bolting cloth, Coffee strainer, a wide range of nylon tea bags
- Slitting, laser cutting & stamping
- Woven mesh fabric- Filter (blood, paint, plastic, infusion disc, transfusion, acoustic, tubing, mobile & automotive)
The products have applications in screen printing & filtration for dry processes (sieving, screening, grading, shifting & drying).
Revenue: Automotive (61.03%), Screen Printing (10.97%), Tea Bag (8.05%) & Filter (4.47%)

Clientele type

Tea Brands, Automobile companies, FMCG companies (B2B)

Premises

1930 SQ FT Owned premises in Thane

Asking Price Includes

Trademark, Developed Product Range, Current team, Machines, Gala (premises)

Reason

No one in the family is in India for Succession

More Details

The business was started in 1986 by the promoter who is well-experienced in this field and converted into PVT ltd in 2013. Financials: FY 21-22 Revenue of INR 6Cr FY 2019-20: (P) Revenue INR 4.1Cr: EBITDA: INR 86+ Lakhs FY 2018-19: Revenue: INR 3.63 Cr.; EBITDA: INR 44.35 Lakhs FY 2017-18: Revenue: INR 2.72 Cr.; EBITDA: INR 37.40 Lakhs.
FY 2016-17: Revenue: INR 2.49 Cr.; EBITDA: INR 32.65 Lakhs
FY 2015-16: Revenue: INR 1.53 Cr.; EBITDA: INR 32.54 Lakhs
Asking Price:INR 6.6Cr with expected payback period of >4 years or so.

Keywords

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Business Tags

Good Location High Potential mumbai Reputed Clients

₹10 to ₹200 Cr

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