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LPG Gas Agency for Sale in Madurai, India

Madurai-based LPG gas agency specializing in bottling, storing, and retailing of LPG gas for sale.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 160 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 5 %
Industries LPG Gas Agencies
Locations  Madurai
Local Time 7:57 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 360 thousand (Native Currency: INR 30,000,000)
Reason: - The owner wants to sell the business and focus on his other business. - The owners seek to recove... View More
Includes physical assets worth USD 90 thousand
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Business Overview
- The business is a Madurai-based LPG gas agency specializing in the bottling, storing, and retailing of LPG gas.
- The company serves up to 100 clients with 17 Kg capacity commercial cylinders accommodating various businesses such as hotels, restaurants, bakeries, catering agencies, canteens, sweet shops, marriage halls, clubs, hatcheries, and industrial fabricators.
- The company supplies cylinders to wholesalers and has approximately 7 clients to whom they sell 300 to 400 cylinders per month. This recent addition of 4 new clients has contributed to the business's growth.
- The company also provides 12 Kg capacity cylinders for domestic use.
- The unit holds explosive licenses for the storage of LPG in a Pressure Vessel, for the filling of LPG in cylinders, and for storage in filled cylinders.
- The business is duly compliant with all regulatory approvals and licenses.
Products & Services Overview
- The company supplies 17 Kg capacity commercial cylinders to a range of businesses such as hotels, restaurants, bakeries, catering agencies, canteens, sweet shops, marriage halls, clubs, hatcheries, and industrial fabricators.
- The company supplies cylinders to wholesalers and has approximately 7 clients to whom they sell in bulk, ranging from 300 to 400 cylinders.
- The sale of commercial cylinders accounts for up to 80 percent of our sales.
- Additionally, the company also supplies 12 Kg capacity cylinders for domestic use.
Assets Overview
Tangible assets:
1. On-site storage units for Liquefied Petroleum Gas (LPG)
2. Cylinder filling station.
3. Storage shed for cylinders.
4. Offloading facilities for LPG tankers.
5. LPG compressor for decanting from road tankers to the bullet.
6. Horizontal LPG storage bullets: 1 of 30 MT capacity, 1 of 20 MT capacity, with provision for 1 more.
7. Static water storage tank: 540KL capacity.
8. Water monitor and hydrant points at the unloading platform, bullet area, filling and storage areas.
9. Water sprinkler lines at storage bullet, unloading platform, filling station, and cylinder storage shed.
Facilities Overview
- The facility is built on the Madurai - Kanyakumari highway.
- The land is widespread across 4 acres and the rent is INR 1,10,000 per month.
Capitalization Overview
- The business is funded by 6 partners, of which 5 partners are sleeping partners, having 10% shares each. - The Managing director holds 60% of the shares.
- There are no loans or debts taken from outside.
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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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