Well-Established Courier Services Providing Company Is Up for Sale in Maharashtra
About Business
It's a very Well-Established Pvt. Ltd. Courier and Postal service providing company started in 1996. It's a team of 40 to 50 employees serving company for 22+ years. Over the years, the company has mainly served the Corporate on contract on yearly basis and around 90% of Revenue comes through Corporate clients (with around 10-12% net profit margin). Around 10% through individuals and others. The company has own set up at Vidarbha and has branches in the overall eastern region of Maharashtra. The company has serves overall India and the world through some franchise as well. The company has a franchise of a very well known Courier company. Now the promoter is looking to sell the business for some Personal Finacial Liabilities. Financials: Revenue(FY 2017-18): INR 0.9 Cr. is expected to reach INR 1.1 Cr. the coming year Net profit margin: 11 to 13% Asking Price: INR 1.4 Cr.
Reason
Personal
Keywords
Business Tags
₹10 to ₹200 Cr
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