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Plastic Recycling Business Raising Funds in Mangalore

Listing ID: SL022647
Posted By: Owner
Last Active: 2+ months ago
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About Business

Founded in 2021, it is a Mangalore-based company that recycles discarded plastic products like chairs, plates, and milk crates and converts them into re-moulded, usable products with a new purpose. Focusing on sustainability and innovation, the company supplies eco-friendly components designed to cater to different customer requirements.

So far, the company has been able to recycle over 4 lakh plastic chairs, significantly saving the environment. The business has served in Karnataka, Kerala, and Goa, intending to extend services pan-India.

Clientele type

The business primarily serves:

Wedding halls

Tent decorators

Schools

Auditoriums

Milk dairies

Premises

LEASED

Lease per month (in INR): 1.08 L

Security Deposit (in INR): 10.00 L

Carpet Area: 7,000 sq ft

The manufacturing facility is located in Baikampady, Mangalore, and operates from a rented premises covering 7,000 sq.ft.

Asking Price Includes

The terms of the transaction will be discussed with the potential investors.

Asking Price

INR 1.00 Cr

Minimum ticket size

INR 1.00 Cr

Reason

The owner is looking to raise funds for the acquisition of additional machinery and equipment, as well as for meeting ongoing working capital requirements to support growth and expansion efforts.

More Details

The business is currently supported by a dedicated team of 15 employees.

Keywords

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Business Tags

Plastic Recycling Business Raising Funds in Mangalore

₹10 to ₹200 Cr

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Before buying a Plastic Recycling Business Raising Funds in Mangalore, check:
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  • Sales, profitability, and cash flow of the business should be considered
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  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a 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?

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