Electric Equipment Wholesale Business for Sale in Ahmednagar, India
Non operational business for sale specialized in dealing with parts required by the manufacturing industry.
| Established | 30-40 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 22 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | 20 % |
| Industries | Electric Equipment Wholesale |
| Locations | Ahmednagar |
| Local Time | 1:45 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
720 thousand
(Native Currency: INR 65,000,000)
Reason: The business owner has passed away, and as a result, the family wishes to sell the business.
Includes physical assets worth
USD
720 thousand
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Business Overview
- The business is located in Ahmednagar and specializes in trading essential industrial materials such as drills, belts, and grinding wheels.
- Primarily serving the manufacturing sector, the business has carved out a niche in the domestic trading of cutting tools and industrial supplies.
- Operations were halted in March of last year.
- Despite the pause in operations, the company maintains all necessary registrations and approvals, ensuring compliance and readiness to resume trade.
- The business model focuses exclusively on domestic trade, potentially simplifying logistics and market reach within the country.
- Sustained by a lean organizational structure with only one employee, the business potentially offers reduced overhead costs.
- The current state as a non-operational entity provides a unique opportunity for investors looking to restart or reposition the business in the industrial trading market.
- Primarily serving the manufacturing sector, the business has carved out a niche in the domestic trading of cutting tools and industrial supplies.
- Operations were halted in March of last year.
- Despite the pause in operations, the company maintains all necessary registrations and approvals, ensuring compliance and readiness to resume trade.
- The business model focuses exclusively on domestic trade, potentially simplifying logistics and market reach within the country.
- Sustained by a lean organizational structure with only one employee, the business potentially offers reduced overhead costs.
- The current state as a non-operational entity provides a unique opportunity for investors looking to restart or reposition the business in the industrial trading market.
Products & Services Overview
The company traded in drills, belts, grinding wheels, and other such items, which are commonly utilized in manufacturing industries.
Assets Overview
The physical assets included in the transaction are as follows:1. A stock of sellable industrial materials valued at INR 3.5 crores.
2. Two floors of a constructed building, a watchman's cabin/room, a small outhouse, and connections for water and electricity. The office, occupying an area of 3,000 square feet, is currently valued at INR 3 crores.
Facilities Overview
The business operated from a self-owned 3,000 square feet, 2 storey building in Ahmednagar.
Capitalization Overview
The business was run and self-funded by a single owner with no outstanding debts.
Recent Activity
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Earlier than 15 daysOwner, Hardware Tools Distributor, Ahmednagar, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Information Technology & Services, Pune, Individual Investor / Buyer connected with the Business
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