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Foundry for Sale in Solan, India

Foundry specializes in zero defect metal castings, aiming for a full sale of assets.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 4.5 crore
Run Rate Sales INR 3.3 crore
EBITDA Margin 10 %
Industries Foundries
Locations  Solan
Local Time 10:39 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: INR 85 lakh (Native Currency: INR 8,500,000)
Reason: The owner needs to focus on their other business. We are open to negotiating a sale of our brand and... View More
Includes physical assets worth INR 85 lakh
Business Overview
- Foundry producing zero defect metal castings.
- The foundry employs cutting-edge technology and tools chosen by highly skilled technical experts.
- At 100% capacity utilization the business can generate INR 12 crore annual turnover.
- We have scaled down operations in the last few months and the business has been operating at 25% capacity utilization.
- Due to this sales have decreased in the past year.
- Extensive product portfolio includes industrial valves, strainers, pipe fittings, fire fighting equipment, and specialized components for defence, automotive, and hydro power sectors.
- Buyer will only get the foundry assets in this transaction.
- Buyer does not get the brand and intangible assets of the business.
- The foundry has an Orange category pollution certificate, if the buyer will move the assets then they will need to place the foundry in an area with Orange category clearance.
Products & Services Overview
We manufacture.
- Industrial valve & strainers.
- Pipe fittings.
- Fire fighting equipment.
- General engineering.
- Defence.
- Glass & hardware fittings.
- Automotive industry.
- Hydropower sector.
- Fully machined castings.
Our clients are Indian ordinance factories who use our products to make guns.
Assets Overview
The total tangible assets of the foundry after adjusting for depreciation and additional capex stand at INR 85 lakh today. We had invested INR 1.01 crores five years back.
Some of the tangible assets include:
- Spectrometer.
- Induction furnace by Electrotherm.
Facilities Overview
The foundry is located on leased industrial land located about 70km west from the town of Solan. The foundry has a built-up area of 8,000 sq. ft.
The buyers can continue operations from this facility, however, they would have to negotiate themselves with the landlord.
Capitalization Overview
- Foundry's assets are owned and operated by a proprietorship with a single owner.
- Zero bank debt in the name of the foundry assets.
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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