↩ Go Back
Need help?

Cleaning Supplies Business Investment Opportunity in Pune, India

70-year old trading business which deals with multiple product categories seek investment for expansion.
This Business is on a Premium Plan
Established 60-70 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 16 %
Industries Apparel Wholesale + 2 more
Locations  Pune
Local Time 1:00 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 12 thousand for 20.0% stake (Native Currency: INR 1,000,000)
Reason: Working capital to grow the business and take on bigger orders.
Includes physical assets worth USD 6 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Profile
Pump
Business Overview

- Business specializes in trading - pumps, motors, gearmotors, gear box, apparels, hygiene products, non-chemicals (solid water treatment), and agricultural products.

- Business was originally started in Raipur but the promoter relocated to Pune a couple of years ago so the business was shifted to Pune.

- We purchase pumps, motors, gearmotors, gear box, apparels, hygiene and non-chemical products (solid water treatment) directly from manufacturers in Tirupur and Punjab (T-shirts) Mumbai and Pune (Hygiene). We sell these products to wholesalers, distributors in Pune and anywhere.

- We procure spices, vegetables, rice from Pune, Solapur, Nashik and Kolhapur from farmers and sell it to exporters. These products are then exported to Europe, UAE, UK, Australia.

- We do not keep stock of the products, we source the required products when we receive orders.

- 50-60% of the revenue is from apparels and hygiene products and 40-50% is from spices, vegetables, rice.

- Business was started 70 years ago with the sale of electric motors and pumps. Then the business shifted towards trading of apparels, hygiene, non-chemicals (solid water treatment) and groceries.

- Before relocating the business to Pune our revenue was in crores but after the relocation, we are developing the business slowly and improving our services.

- Sales have dropped as a result of the current pandemic.

Products & Services Overview

We buy and sell - pumps, motors, gearmotors, gear box, apparels (t-shirts), cleaning and hygiene products, non-chemical solutions (solid water treatment), vegetables, spices, rice and pulses.

Assets Overview

We do not have many physical assets. Our main assets are couple of computers, desks, chairs, website and goodwill.

Facilities Overview

Have a small rented office space in Pune.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

9 Investors viewed 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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more