Timber Trading and Solid Wood Flooring Business for Sale in Bangalore

Listing ID: SL001167
Posted By: Owner
Last Active: 1+ year ago
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14 year old Bangalore based Company dealing intoTimber trading house, dealing with Burma teak, Malaysian saal Indonesian honne, Steamed beach, African Teak and cut sizes of many other species catering to Construction Industry and end users in and around Bangalore. Another established stream of activity of the Company is Solid Wood Flooring. Valid Saw mill license holder (The forest department of Karnataka has stopped issuing new licenses since 2003 on-wards. Therefore, the license is worth in lakhs). An active Web site dedicated to the flooring business. Established clientele for the last 14 years. 8 well trained staff with the ESI coverage. The factory premise rented with a very reasonable rental terms. All statutory obligations fulfilled promptly and in time. Present sales is purely on the basis of the goodwill and the word of mouth publicity in the market. No marketing staff or marketing activity. with zero liability and turnover above Rs. 6 cr is for Sale. Most of the sales is on Cash basis or with a very short credit period and therefore the book debts are very low. Company is with zero liability and turnover above Rs. 6 cr , Sale Asking Price: 4 cr.


The promoter couple would like to take a retirement.


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