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Auto Cleaning Products Company for Sale in Chennai, India

For Sale: Non-operational waterless auto cleaning product business with compliant and active private limited company.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 6.4 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Auto Cleaning Products
Locations  Chennai
Local Time 8:53 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 3.2 thousand (Native Currency: INR 300,000)
Reason: The reason for selling is due to the owner's work commitments abroad and family circumstances. The ... View More
Includes physical assets worth USD 2.65 thousand
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Business Overview
- Non-operational business that used to sell waterless car washing products (automobile cleaning products) and was established 10 years ago.
- The business has been non-operational for the last 2 years as the owner moved abroad.
- At the time of being operational, the business had one employee and had annual sales of INR 6 lakh.
- There are no outstanding loans or debts; finances are clean.
- The buyer will get around INR 250,000 worth of waterless car wash materials, 10-year old private limited company registered in ROC-Chennai.
- Expected full-sale transaction value is INR 300,000 including stock.
- The business does not require any regulatory approvals, certifications or licenses apart from the Certificate of Incorporation, AoA, and MoA which it possesses.
Products & Services Overview
Mobile waterless car wash product using eco-friendly, water-soluble car wash material sachets (around 1,500 units in stock).
Assets Overview
Waterless car wash materials (approximately 1,500 eco-friendly, water-soluble sachets) in stock with an estimated physical asset value of about INR 250,000.
Facilities Overview
The service used to run remotely and does not require any fixed facility or premises.
The private limited entity's registered address is in Chennai.
Capitalization Overview
- No loan or debt; finances are very clean with no outstanding borrowings.
- The private limited company has two shareholders.
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1 Buyer contacted this Business this month. Register below to connect now!
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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