Need help?

Home Appliances Company Investment Opportunity in Prantij, India

Strategic investment opportunity in cookware manufacturing business with owned land of 2 bigha in Gujarat.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 286 thousand
Run Rate Sales USD 310 thousand
EBITDA Margin Operating at loss
Industries Home Appliances + 1 more
Locations  Prantij
Local Time 12:06 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 230 thousand for 20.0% stake (Native Currency: INR 20,000,000)
Reason: We have an urgent working capital requirement. There were certain financial issues that happened a y... View More
Includes physical assets worth USD 300 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Home and kitchen appliances business located in Sabarkantha, Gujarat, operating successfully for 3 years.
- Specializes in cookware with impressive average monthly sales figures ranging from INR 20 to 25 lakhs.
- Our installed production capacity can generate INR 4 crore of monthly revenue.
- We are utilizing only about 6% of this capacity.
- Despite facing competition from major brands such as Bajaj Electronics, Pigeon, Usha Electronics, Philips, and Prestige, the business has established a strong presence in the industry.
- It operates on owned land and employs a dedicated team of 40 people.
- There is an outstanding loan amount of INR 2.5 crore. With the desired investment, the aim is to achieve break-even within 1.5 to 2 years.
- The business has a GST Certificate, Certificate of Incorporation, and Certificate of Recognition - Startup India.
Products & Services Overview
We manufacture and sell cookware and kitchen appliances used by households and restaurants.
The top selling product is pressure cookers in the cookware category.
Products are sold under our brand name and we do white labelling for other companies. So our customers are both the end-users of the cookware products and other retailers of cookware and kitchen appliances.
We sell through distributors across Maharashtra, MP, Goa, Kerala, Karnataka, UP, Chhattisgarh, Rajasthan, and Haryana.
Assets Overview
Tangible assets:
- 2 bigha land worth INR 2 crore.
- Plant and machinery worth INR 55 lakh.
- 2 cars, 1 bike worth INR 10 lakh.
Facilities Overview
- Operates on owned land of 2 bigha near Sabarkantha in Gujarat.
- The built up area of the factory is 10,800 sq. ft.
- The factory location is easily accessible from the highway.
- Our factory is located in Sabarkantha which is 50km away from our registered office in Prantij.
Capitalization Overview
- Outstanding loan amount of INR 2.5 crore.
- 3 shareholders in a 65:15:20 shareholding split.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor 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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more