Elevator Company for Sale in Ahmedabad, India
Fully-certified elevator servicing and installation business with long-term agreements and AMCs in Ahmedabad.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 77 thousand |
| Run Rate Sales | USD 80 thousand |
| EBITDA Margin | 24 % |
| Industries | Elevator + 1 more |
| Locations | Ahmedabad |
| Local Time | 3:47 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
166 thousand
(Native Currency: INR 15,000,000)
Reason: The owner's children have moved abroad and they would like to settle abroad as well. Due to this, th...
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Includes physical assets worth
USD
11 thousand
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Business Name
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User Verification
Documents
ROC-Verification.pdf
(337.5 KB)
Business Overview
- Business involved in the repair, maintenance, and installation of lifts in Gujarat.
- Pre-Covid the business's main focus was lift installation, and installed over 500 lifts across Gujarat.
- However, due to certain personal issues we had to pivot our business model to repair and maintenance in Ahmedabad.
- The pivot has made us a revenue based business with high profit margins.
- We now have 3-5 year contracts with MNCs based in Ahmedabad.
- We are also registered vendors with PSUs and organizations like ISRO with whom we have AMCs.
- Business has an incorporation certificate, GST certificate, PF, ESIC, and trademark.
- We also have an electrical contractor license, and lift authorization from the Gujarat state government.
- Pre-Covid the business's main focus was lift installation, and installed over 500 lifts across Gujarat.
- However, due to certain personal issues we had to pivot our business model to repair and maintenance in Ahmedabad.
- The pivot has made us a revenue based business with high profit margins.
- We now have 3-5 year contracts with MNCs based in Ahmedabad.
- We are also registered vendors with PSUs and organizations like ISRO with whom we have AMCs.
- Business has an incorporation certificate, GST certificate, PF, ESIC, and trademark.
- We also have an electrical contractor license, and lift authorization from the Gujarat state government.
Products & Services Overview
Business offers repair, maintenance, and installation of elevators in offices and homes as well.Our top selling service is elevator maintenance for which we have AMC and long-term contracts with our clients. Clients are mostly PSUs and MNCs.
Assets Overview
Tangible assets include tools, office equipment, some basic inventory worth INR 10 lakh.
Facilities Overview
We do have a rented office in Ahmedabad. However, our team works remotely across Ahmedabad. We brief our team in the mornings and then do the site visits.
Capitalization Overview
- Private limited company with two equal shareholders.- No debts or loans, however, the owners are repaying a car loan through this private limited entity. Loan will be cleared for the buyer.
Recent Activity
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Earlier than 15 daysAssistant General Manager, Industrial Machinery Manufacturer, Muscat, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysGeneral Manager, Cement, Ahmedabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Construction And Fabrication Services, Ahmedabad, Individual Investor / Buyer connected with the Business
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