Running Paper Packaging Manufacturing Business for Sale in Tamil Nadu
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We are manufacturers of craft paper boxes used for packaging. The manufacturing unit is based in SIPCOT industrial area in Manamadurai in Tamil Nadu. The company is running since 2013. with the latest machinery and equipment from China and Punjab. The products are supplied to cotton mills, water companies, spice manufacturing companies, puppet companies etc. The installed capacity of the business is 100 tonnes but currently, we are using 30 tonnes of capacity as we lack marketing people to expand our clientele. Currently, the products are supplied only in Tamil Nadu within 150 Kms radius from the unit. The manufacturing unit is spread on 75 cents of land with 4000 Sq ft building. The premise is on lease for Rs. 5000 per month. Advance deposit is INR 5 Lacs. The company has no liabilities. Revenue per month is around INR 8-10 Lacs. Last year's turnover is around INR 1 Cr and the profit margin is 30 %. Asking Price is INR 50 Lacs (including machines (35 Lacs), generator (2.5Lacs), goodwill etc.) Looking for partners or acquirers for the business.
Reason
Unable to manage the business alone. Need active partners to operate and expand.
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