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Industrial Clothing Company for Sale in Ichalkaranji, India

For Sale: Company manufacturing technical textiles for various industries for more than two decades.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.8 million
Run Rate Sales USD 1.8 million
EBITDA Margin 15 %
Industries Industrial Clothing
Locations  Ichalkaranji
Local Time 6:29 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 2.8 million (Native Currency: INR 230,000,000)
Reason: The owner wants to diversify into another industry.
Includes physical assets worth USD 1.8 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We have been a leading manufacturer of technical textiles for over 27 years.

- Our clients are in the coated abrasive industry and rubber industry. We currently have 12 clients in the abrasive and 3 clients in the rubber industry. They have been providing us with the recurring business for years. We hold no explicit contract with either of them.

- We are enrolled as a technical textiles manufacturer under The Ministry of Textiles.

- Our manufacturing unit is ISO Certified.

- We have a collaboration with India’s top textiles institutes, DKTE, and Society’s Textile & Engineering Institute for research and development of cutting-edge technologies in the textile industry.

- Our team is highly qualified and operates state-of-the-art Sulzer weaving machines along with the latest high speed Airjet weaving machines.

- We are currently fulfilling POs worth 2 crores.

- We use in-house logistics to gather raw materials and outsource logistics for deliveries to our clientele. We hold no explicit contract with any supplier.

Products & Services Overview

We manufacture all types of technical textiles used in coated abrasive industry and rubber industry.

Assets Overview

Physical assets include:

- Total land and built-up area as mentioned above.

- Machinery & equipment in the manufacturing units: 14 Sulzer and 4 Airjet machines.

Facilities Overview

- Company has 2 manufacturing units adjacent to each other with a total land area of 21,000 sq. ft. and built up area of 8,700 sq. ft.

- The main office & warehouse is spread across 9,900 sq. ft.

- There is an additional space of 2,100 sq. ft. which has been converted into a small residence and space for other industrial activities.

- The entire facility is owned by the business.

Capitalization Overview
Not Disclosed
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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