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Aluminium Smelting Business Assets for Sale in Jamnagar, India

Manufacturer of Abrasive Grits, looking for sale of 2 lands in Jamnagar.
This Business is on a Premium Plan
Ownership Duration 60-70 year(s)
Industries Aluminium Smelting + 1 more
Locations  Jamnagar
Local Time 1:32 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Asset Sale
Asking Price: USD 1.6 million (Native Currency: INR 130,000,000)
Reason: Retirement.
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Assets Description

- We are the manufacturer and trader of Emery powders used in sand_emery paper for cleaning rust from metals, for floor hardeners, for concrete & epoxy floor surfaces and wheat grinding mills (Aatta Chakki) and rice Mills.

- 55 year old company having served all over India and South Asia.

- Our client base is around 2,000.

- We are planning to sell 2 lands:

A) 6 acres (261,360 sq. ft) in Bedi, Jamnagar, with combined built up area of 35,000 sq ft with Buildings, Plant, machinery, stocks, & stores (Worth INR 13 Crore)

B) vacant (open) 6,720 sq. ft corner plot, opposite District Collector Office & Police HQ, off Saru Section Road / along Jogger's Park Road (Worth INR 11 Crore)

C) Plant & Machinery, Stocks & Stores.

- Located near schools and hospitals & developed & developing areas.

- The place is developing every year and has good potential of growth in land price.

- Factory plot is currently used for industrial purpose and has all the necessary government approvals.

- The registration documents can also be converted for residential purpose.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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