Auto Component Business for Sale in Karnataka, India

* With over 30 years of experience in the industry, we have established robust relationships with tier-1 automotive companies.

* The sale encompasses the Business Orders, Machinery & Utilities.

* We have consistent standing orders year on year, along with fixed annual purchase orders, ensuring a steady stream of business.

* Our annual revenue stands at INR 10+ crore, and with our current infrastructure, we have the potential to increase production by threefold.

* The business is currently in a growth stage, and with the right team in place, it has the potential to scale exponentially.

* We hold prestigious certifications including IATF 16949:2016 and ISO 9001:2015, validating our commitment to quality and industry standards.

We are in the business of manufacturing precision automotive parts for steering and suspension linkage sub assemblies.

Physical assets include:

* Machinery & manufacturing equipment.

* Cold forging presses (5 nos ranging 50T, 250T & 400 T)

* CNC turning centers (14 nos. automated & semi-automated with gantry & robot)

* Heat treatment division [installed this year] IPSEN comprising SQF, preheating, tempering washing machine, lab, and 2 annealing furnaces.

* Phosphate coating plant [6 tanks of 250 liters capacity]

* 38 grinding machines.

* Eddy current tester.

* Magnetic particle inspection machine.

* Projection welding machine.

* Tensile testing machine.

* Contour & roughness measuring machine.

- Inventory of raw materials & finished products.

Not included:

The land/building. This would be on a long-term lease agreement between us and the buyer.

It is a 2-acre industrial land with a constructed area of 35,000 sq. ft. It's important to note that we have full ownership of the property, and it is freehold, meaning there are no encumbrances or leasehold obligations associated with it.

The sale however doesn't include the land.

We can enter a long lease agreement for rent.

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The company is jointly managed by two partners, with ownership shares of 51% and 49% respectively. The business operates through a credit facility provided by a bank, with a limit of approximately INR 1.5 crore. It's worth noting that there are no outstanding loans or debts with any financial institutions. Furthermore, the business exhibits strong financial performance and stability.