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Electrical Vehicles Company for Sale in Howrah, India

Electric auto manufacturing company producing 250+ units with a good dealership network in Eastern India.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 3.06 million
Run Rate Sales USD 3.06 million
EBITDA Margin 8 %
Industries Electrical Vehicles
Locations  Howrah
Local Time 2:50 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.04 million (Native Currency: INR 180,000,000)
Reason: Promoter is the only son in the family so need to look after the family business, hence looking to s... View More
Includes physical assets worth USD 1.7 million
Documents
PAN Card
Business Overview
- A 6-year old company manufacturing Electric rickshaw and spare parts in Howrah.
- We manufacture different models of the electric rickshaw, E-cart and spare parts.
- We manufacture and sell 250-300 units per month. Facility has the capacity to produce 400-500 units.
- Have more than 100 existing dealers network across West Bengal, Assam, Tripura, Bihar, Uttar Pradesh.
- Have our own showroom in Kolkata city and we receive 1-3 customer walk-ins per day.
- We are one of the top importer and manufacturer of e-rickshaw in Eastern India.
- Cost of each E-rickshaw is Approx. INR 95,000 to 1,00,000.
- Have 4 models approved from I-Cat (International center for Automotive Technology)
- Company has State NOCs from Assam, Tripura, Chhattisgarh, Punjab, Odisha, West Bengal, Uttar Pradesh, Delhi, Jharkhand, Bihar.
- Buyer would get the complete business with brand, inventory, machinery, equipment, tools, approval certificates, NOCs, land, building, apartment.
Products & Services Overview
We manufacture electric version of vehicles like rickshaw, cart, and spare parts for different models.
Facilities Overview
- Rented workshop of 2,50,000 sq ft in an industrial area with Offices, Kitchen, Toilets, Staff Room, Conference Room, Marketing Chamber, Server Room, Manufacturing Area, Covered Parking & Loading Area, Security Room.
- Owned director apartment, Corporate office, Guest house for clients, Company showroom, Land to build up paint line.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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