Industrial Machinery Company for Sale in Thane, India

Thane based manufacturer of specialized industrial painting equipment for the automobile industry.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 150 thousand
EBITDA Margin
Operating at break even
Locations
Local Time
8:39 PM Mumbai
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Full Sale
Asking Price: USD 700 thousand (Native Currency: INR 50,000,000)
Reason: Directors want to retire.
Includes physical assets worth USD 2 thousand
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview

- Manufacture specialized painting equipment for use in automotive painting.

- Supply to other engineering firms who provide turnkey painting solutions to OEM automobile manufacturers.

- We supply to 4 of the 5 major turnkey automobile painting solution providers in India most of whom have been our clients for the last 25 years.

- The business enjoys margins between 20 - 25% with revenues of over INR 3 Cr. under normal business conditions.

- However, due to the downturn in automobile sales and manufacturing, the business has operated at a loss for the last 3 years.

- The company has a strong balance sheet with zero debt and no long term or major liabilities.

- The factory is setup on a leased MIDC plot of 510 sq. m.

- Buyer will acquire the entire business with all its assets and contracts.

Products & Services Overview

Painting Booth Parts, Oven Parts, Air Supply Unit Parts, Conveyor Parts.

Facilities Overview
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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