Products/Service

This sole proprietorship business was started in 2017. The business provides heat treatment for iron and steel components for two & four wheelers.
Machinery: 2 Salt bar heat treatment furnace, 3 Electrical tempering furnace, 1 utility cooling tower, 1 fenching oil tank (3000 ltr), 2 Ton EOT crane, 2 water tanks.
Capacity: 2500 kg per day.
Clients: They have served around 30 clients locally.
The unit is dormant since May 2018 due to lack of working capital. The monthly rent is 35,000 and land area is 400 sq.yd.
The turnover for the FY 2017-18 was INR 7 lakhs with a net profit of 1 lakh. Asking price 1) Full sale INR 50 lakhs(including complete set up) (breakdown - machinery 44 lakhs, civil work structure 6 lakhs). 2) Investment INR 25 lakhs for 50% stake.

Reason

Shortage of Working Capital