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Elevator Company for Sale in Bangalore, India

Bangalore based elevator company that has designed and installed more than 1,000 elevators till date.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1.74 million
Run Rate Sales USD 2.1 million
EBITDA Margin 10 %
Industries Elevator
Locations  Bangalore
Local Time 1:56 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.34 million (Native Currency: INR 200,000,000)
Reason: Company is at an inflection point and has the potential to operate in various states to increase vol... View More
Includes physical assets worth USD 1.17 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview
- We are an ISO 9001-2008 company having international certifications from Liftinstituut, Netherlands and our elevators also comply with Karnataka Lift Inspectorate Department from Government of Karnataka.
- Our expertise lies in producing high-rise, mid-rise and low-rise elevators for freight, passengers and dumbwaiters.
- The company also deals in customization of products to different elevator shafts which help in achieving maximum floor spaces to architects and developers.
- We receive 25-30 orders on a monthly basis.
- The Company has strategic tie-ups with some of the best OEM companies (mostly from Germany) for material sourcing.
- The product line has been standardized and follows EN81 standards and norms.
- Company has designed and installed more than 1,000 elevators till date & has retained 98% of the AMCs.
- We directly supply our products to end customers and our clientele consists of prominent builders, banks, and industrial corporations.
- We mainly receive orders from client references and repeat customers.
- We use serial based controllers in our elevators which help in retaining the customers on maintenance portfolio.
- 23% of the revenue we generate are from AMC and rest are from sales and installation.
- Buyer would get the complete business with the brand, furniture, machinery, equipment, website, receivables. Land is not part of the transaction but the buyer can continue in the same facility by paying rent.
Products & Services Overview
Elevators for people, freight, bed, home, hydraulic, and dumbwaiters.
Assets Overview
We have new commercial vehicles, real estate assets, bikes, and cars which are in the company account.
Facilities Overview
Our owned corporate office is based out of Bangalore and we have global OEM partnerships for our manufacturing process. Land is not part of the transaction but the buyer can continue working at our facility on rental basis.
Capitalization Overview
Not Disclosed
Recent Activity
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22 Buyers already contacted this Business. 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.
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