Profitable Metal Based Engineering Products Manufacturing Business for Sale in Nashik

Listing ID: SL003627
Posted By: Owner
Last Active: 1+ year ago
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About Business

This profitable business was established in 1997. It is situated at one of the leading industrial areas in Nashik. This has good connectivity with various other metro cities. They manufacture various metal-based engineering products which are used in auto ancillary and electrical industry. Most of these are mechanical products used in switchgear etc. Most of these products are customized which are made on special orders from companies. Companies provide them designs and specific details regarding their requirements.
The area of the premise is 830 sq.which is valued at almost INR 2Cr. Currently, 30 people work over here. This is a private limited enterprise. They have some of the biggest names in the industry as their customers for over a decade. They have 6 major corporate clients as present spread across Maharashtra. This is a niche industry with a lot of scope for expansion.
The revenue of the last year is INR 3Cr with a profit of nearly INR 75 Lakhs. Since the promoters are thinking of retirement, they are looking to sell this off. The Asking price is INR 3.5Cr.(Negotiable)

Reason

Retirement

Business Tags

Big Corporate Clientele Good area of Land Highly Profitable Niche Market Private Limited Quality Products with Brand name Scope of Expansion

₹10 to ₹200 Cr

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