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Kitchen Appliances Company for Sale in Bhubaneswar, India

Non-operational stainless steel commercial kitchen equipment manufacturer in Bhubaneswar with 200+ client base.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 354 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Kitchen Appliances
Locations  Bhubaneswar
Local Time 2:40 AM Etc / GMT+8
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 2.36 million (Native Currency: INR 200,000,000)
Reason: The owner has moved out of India and the business is currently not in operation.
Includes physical assets worth USD 2.36 million
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Business Overview
- Stainless steel commercial kitchen equipment manufacturing company based in Bhubaneswar.
- The company has been non-operational since this year as the owner has moved to USA.
- Has a strong client base of 200+, having supplied its products to prestigious institutions and organizations such as IIT Kharagpur, IIT Bhubaneswar, NIT Rourkela, Bhubaneswar Railways, guest houses, and private colleges and universities in Orissa, Raipur, and Chattisgarh.
- The company has successfully secured government tenders in the past.
- Holds an ISO certificate.
- The production capacity of the business was 8-9 machines per day.
- The business historically received monthly orders ranging from 3 to 4, each with a value of approximately INR 50 lakh.
Products & Services Overview
Stainless steel commercial kitchen equipment such as gas stove, food display counters, canteen furniture, service trolleys, waste bins, grillers, refrigerators, bar accessories, restaurant furniture, hospital trolleys, ovens, exhaust system, kitchen sink, mobile food cart and washing system.
We sold to hostel, hotel, college, hospital and railways in Orissa and Chattisgarh.
Assets Overview
Physical assets include land, building and machinery.
Facilities Overview
Own facility of 10,000 sq ft of land, two floor building with numerous rooms and big hydraulic equipment.
Located in Kharvela Nagar, Bhubaneswar.
Capitalization Overview
Self-funded.
100% debt free company.
2 shareholders with ownership split of 99% and 1%.
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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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