Well Established Cotton Ginning and Pressing Business for Sale in Jasdan, Rajkot
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About Business
It was incorporated as a limited partnership company with 2 partners in 2004 and the promoter is in this business since 1969. The company is located in Rajkot, Gujarat and is engaged in the manufacturing of pressed cotton bales through ginning and pressing of raw cotton.
The factory is strategically located beside State Highway, an area with high cotton acreage and quality cotton crop . It benefits from the location due to the easy availability of high-quality raw cotton at competitive prices. The factory is spread across 5.3 acres of land.
Machinery: 24 Double Roller(DR) Ginning machine (12 Old & 12 New), 1 huge Raw Cotton feeding box, Cotton suction system, Elevator, Buckets, Semi auto pressing unit of Rathod, Kodi cleaner, 3 huge sheds.
They procure the raw material from local farmers and market yard. The production capacity is 200 bales per day.
Their main customers are Textiles Industries, Oil mills, and Yarn manufacturers which are based in Gujarat and South India. The total employees working are 15.
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The turnover for FY 17-18 was INR 25 Cr and gross profit margin was approx. 4%. Asking price is INR 15 Cr. (Negotiable)(includes land valued around INR 15 Cr, machinery, customer base.)(Any other additional information required is available on request)
Reason
Moving to a trading business
Keywords
₹10 to ₹200 Cr
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