1. Businesses
  2. Utilities & Energy
  3. Haryana
  4. Faridabad
  5. SL004092
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Solar Power Business for Sale in Faridabad

Listing ID: SL004092
Posted By: Owner
Last Active: 1+ year ago
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About Business

This profitable business was established in 2015 in Faridabad. The business is a Limited Liability Partnership company with 4 directors(2 majority stake holders). This company is involved with supply and service of solar products. They also do solar installations in domestic and commercial places. They have manufacturing partners who supply them these products. They are registered with various online portals like Trade India etc. Their main products include Solar Street Lights,Solar Water Heaters etc. They have installed more than 5000 ltr capacity of water heaters in various hotels in Uttarakhand. They have contracts with Power Grid and various telecom giants. They have tieups with some major distributors in UP,Maharashtra,Jharkhand and Orissa. They are also in talks with a telecom giant with regards to a major project.
This business has huge potential in the future. This has almost no liabilities. They are also nearing the completion of 3 years of existence post which they will be eligible for government contracts. Their project talks with the telecom giant is also in advanced stage. Their previous year revenue was INR 46 Lakhs with a margin of 10-12%. Since the promoters own different businesses as well,they are not able to provide sufficient time for this business. They are therefore looking to sell this profitable business. The Asking price is INR 30 Lakhs(Negotiable)

Reason

Busy with other ventures

Keywords

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Business Tags

Experienced Staff good scope Government Contracts No Liabilities Profitable Scope of Expansion Working on Numerous Projects

₹10 to ₹200 Cr

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Before buying a Solar Power Business for Sale in Faridabad, check:
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  • 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 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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