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Automotive Accessories Business Investment Opportunity in Bangalore, India

For Sale: Leading automotive components manufacturer, specializing in springs, press components, and wire forms.
This Business is on a Premium Plan
Established 40-50 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.7 million
Run Rate Sales USD 2.2 million
EBITDA Margin 15 %
Industries Automotive Accessories
Locations  Bangalore
Local Time 7:21 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 1.2 million for 75.0% stake (Native Currency: INR 100,000,000)
Reason: The business owner has succession issues. He is also having health issues. He can stay on to help wi... View More
Includes physical assets worth USD 600 thousand
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Business Overview
- Leading automotive components manufacturer, specializing in the production of springs, wire forms, press components, and multi-slide components, catering to automakers and other industries for vehicle parts and assemblies, and electrical companies.
- 20% of the sales are through export, while the rest is domestic.
- The company is strategically located in Bangalore and operates from leased facilities covering 22,5000 sq ft in a prime area.
- With a workforce of 70 well-trained and experienced employees, the business owner is seeking investors due to health and succession planning and is willing to support the new owner for the next 3 to 5 years.
- Has modern machinery, with the majority of the machines being less than a year old, and has excellent in-house tool room facilities.
- Additionally, the company owns two acres of vacant land in a prime industrial area, has a well-established supplier network, and a solid customer base, including MNC customers who have been with the company for over 30 years.
- The business has a specialization in spring manufacturing, stamped/formed/multi-slide parts, with 50 active clients, primarily within India, and a few export orders. Clients are mainly automotive companies.
- Top clients include Bosch Ltd, TVS motor company, TAFE, C & S Electric, and ABB India.
- With an average of 100 orders per year, the company currently has orders in hand worth INR 25 crores.
Products & Services Overview
Products: springs, wire forms, press components, multi-slide components, and child parts.
Customer profile: used by automakers and others for vehicle parts and assemblies, and electrical companies.
Assets Overview
Tangible assets include.
- Machinery and equipment imported from Korea and Taiwan worth INR 10 crore.
- 2 acres of industrial land worth INR 10 crore, where the business operations can later be transferred.
The total asset value stands at INR 20 crore, however, the majority stake is being offered at a valuation of INR 13.33 crore.
Facilities Overview
Leased land of 22,500 sq ft, located in JC industrial estate.
Own 2 acres industrial land in Ramnagar, where the business operations can later be shifted.
Capitalization Overview
Business is self-funded.
Sole proprietorship business.
Having bank credit lines. We are a family business and started as a micro venture fifty years ago. We have continuously grown and reinvested in the company.
Recent Activity
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4 Investors 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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