Cleaning Machinery Business Investment Opportunity in Bengaluru, India
Established | 10-20 year(s) |
Employees | 50 - 100 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 4 million |
Run Rate Sales | USD 4.1 million |
EBITDA Margin | 12 % |
Industries | Cleaning Machinery |
Locations | Bengaluru |
Local Time | 7:50 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The company caters to 50-80 clients on a monthly basis. Several government municipalities across India, ULBs, water board, smart city departments are our customers. We are catering large orders only to the states of Karnataka, Andhra Pradesh and Telangana at the moment depending on the tenders invited by these departments.
- Apart from above states, we are targeting Punjab, Madhya Pradesh, Kerala, Tamil Nadu, Maharashtra and we have started getting orders in small quantities and demand is increasing.
- We have production capacity to meet market expansion.
- As a result of huge demand, our average monthly billing is reaching INR 2 crore and 8-12% of it accounts to our profits.
- Our turnover has increased constantly in the past three years from INR 13 crore in 2018-19 to INR 19.5 crore in last year. We have INR 5 crore order ongoing and will be complete within 15-20 days after the restrictions are lifted. Apart from this, we have orders of up to INR 20 crore to be completed.
- We do not require a large number of employees due to automation.
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Earlier than 15 daysPrincipal, Thane, Financial Consultant connected with the Business
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Earlier than 15 daysCEO, Investment And Holding Company, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysAnalyst, Manufacturers Of Printers, New Delhi, Corporate Investor / Buyer connected with the Business