Modular Office Furniture Manufacturing Business for Sale in Pune
This profitable business was established in 1994. This is a partnership business with 4 active promoters. The manufacturing unit is located approx 20 km from Pune city. This is a niche industry and this company is one of the key players. They have made a brand name for themselves in this industry.
The area of the premises is 1 acre and its current market valuation is approx INR 6Cr. They have a staff of 12 people. They also use all imported german machines whose valuation is approx INR 2Cr. They get the raw materials from their manufacturers in Tamil Nadu and Rudrapur. They work on these particle boards and make the finished furniture using the German machines. They have an in house marketing team which is responsible for getting them orders. They get orders from PAN India. They have 6-7 permanent clients who give orders frequently. Their main products are file storage cabinets and work stations.
The revenue for the last financial year was INR 4Cr with a margin of 25% approx.Since the promoters are thinking of retirement,they are looking to sell this off.They also have an inventory worth approx INR 2 Cr. The Asking price is INR 10Cr(including plant,machines,inventory and goodwill).
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