Chennai based Oil Extraction and Refinery Business looking for Full sale / Financial Investment
About Business
It is a running solvent extraction plant and edible oil refinery located near Chengalpattu, Chennai established in 2006 that is available for part / full sale. The business has state of art plant and machinery with all setup readily available at a very cheap price. The plant is setup in an area of 7 acres of land with building area of 6000 sq. ft. with facilities for oil solvent extraction and edible oil refinery. The plant has the capacity to provide up to 150 MT of edible oil solvent extraction and 120 MT of oil refinery. Land value is more than INR 9 Cr., plant and machineries are more than INR12 Cr. It ranges between Rs.35 to 38 crore to setup a new plant. They are looking for investment partners or for complete takeover for one time settlement with bankers of dues of Rs. 15 Cr. In addition to that they expect an additional price of INR 5 Cr, making the total asking price as INR 20 Cr.
Reason
The company wants to settle with the bankers due to NPA issues, the company seeks investments for OTS to clear the bankers dues
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?