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Bicycle Manufacturing Business for Sale in Madhya Pradesh, India

For sale: Wheel manufacturing company with 200+ clients.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bicycle Manufacturing
Locations  Madhya Pradesh
Local Time 2:13 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 580 thousand (Native Currency: INR 50,000,000)
Reason: The factory is being sold so that the proceeds can be used to pay off the loan and be used as workin... View More
Includes physical assets worth USD 580 thousand
Interested to connect with advisors
Documents
Business Overview
- The business owns a non-operational factory that was used for a wheel manufacturing business based in Madhya Pradesh.
- Wheels were made from an alloy of magnesium.
- The business had 200+ clients across 20 states in India.
- Clients included corporates, dealerships, and local manufacturers.
- The factory manufacturing capacity was 150 - 200 wheels in a day.
- Raw material was supplied by 10 suppliers.
- Latest machinery was used to manufacture the wheels.
- Have an established distribution chain to supply the products to the customers.
- Experienced an increase in revenue due to Chinese wheels being banned in India after the lockdown.
Products & Services Overview
Wheels for 26-inch bicycle in two colors.
Assets Overview
The buyer would get the 20,000 Sq. Ft. factory.
Facilities Overview
The business owns a 20,000 sq. ft. factory.
Capitalization Overview
- The business is owned by a single owner.
- The business has an ongoing loan of INR 2 crores.
Recent Activity
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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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