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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 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2 million
Run Rate Sales USD 2 million
EBITDA Margin 15 %
Industries Industrial Clothing
Locations  Ichalkaranji
Local Time 8:55 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 3 million (Native Currency: INR 230,000,000)
Reason: The owner wants to diversify into another industry.
Includes physical assets worth USD 2 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.

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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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