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Cleaning Machinery Business Investment Opportunity in Bengaluru, India

Manufacturers of municipal cleaning equipment covering majority states with >50 clients monthly, seek investment.

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
Overall Rating
Partial Stake Sale
USD 1.73 million for 49.0% stake (Native Currency: INR 150,000,000)
Reason: Looking for working capital for expansion and technical collaboration.
Includes physical assets worth USD 580 thousand
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Business Overview
- We are leading manufacturers related to sewer cleaning, garbage collection, transportation and processing equipment and road sweeping machines.
- 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.
Products & Services Overview
We manufacture vehicle-mounted sewer cleaning machines, suction, jetting, suction cum jetting m/c, manhole desilting machines, garbage collection, transportation machines like garbage compactors, garbage processing machines like garbage shredding machines, different capacities of composting, segregation machines and trommel, plastic bailing machines and road sweeping machines. Apart from supply of these machines, we do the hiring, operation & maintenance of said machines, repair and servicing jobs at government sector.
Assets Overview
30 machines including power press bending machine, cutting machine (up to 12mm thickness), lathe, profile cutting, drilling and arc machines.
Facilities Overview
We have a rented facility of more than 20,000 square feet. The monthly rent is INR 4 lakhs.
Capitalization Overview
Present funding by Own capital invested by promotors and loan from Bank against collateral property and NBFC funding for working capital.
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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