Industrial Machinery Company for Sale in Thane, India
- 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.
Painting Booth Parts, Oven Parts, Air Supply Unit Parts, Conveyor Parts.
Earlier than 15 daysDirector, Power Press Manufacturer, Gurgaon, Individual Investor / Buyer accepted business proposal