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Flooring Contractors Business for Sale in Chennai, India

For Sale: Manufacturer of MS and GI floor gratings for 30 years with 250+ clients.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 230 thousand
Run Rate Sales USD 277 thousand
EBITDA Margin 15 %
Industries Fabricated Metal Products + 1 more
Locations  Chennai
Local Time 4:31 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 580 thousand (Native Currency: INR 50,000,000)
Reason: The owner is retiring due to old age and is interested in selling the entire business or alternative... View More
Includes physical assets worth USD 580 thousand
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Business Overview
- No. of clients of more than 250 and growing. Our clients are from automobiles, cement, steel, refineries, shipping, and chemicals industries.
- Growth rate depends on up-scaling with all south India reach.
- Combining all the available facilities including the latest technologies and techniques of production, we produce an extensive range of products. Our consistent efforts towards customer satisfaction have established us as one of the most reputed companies.
- Manufacturing capacity is 100 tonnes monthly.
- We procure the raw materials from a steel rolling mill in Chennai.
- The promoter has over 34 years of experience in this industry.
Products & Services Overview
Manufacturers of floor gratings, anchors, and step treads.
The products are used for walking platforms in refineries, cement, boiler, and automobile industries.
Assets Overview
The buyer gets building, machinery and power connection and access to our existing clients.
Facilities Overview
- Own 43 cents of SIDCO Industrial Estate, Kattur Thirumulaivoyil, Chennai.
- 3,200 sqft built-up area and 40 HP welding and 20 HP machine power.
- 9ft height compound wall.
Capitalization Overview
- Funded by a bank limit of Rs 25 lakhs and own funds.
- Proprietorship company, with a high profit margin of 20%.
- Outstanding from buyers is nil.
Recent Activity
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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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