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Machine Shop for Sale in Navi Mumbai, India

For Sale: Established manufacturer of carbon components with a pan-India clientele and export license.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 0 - 10 %
Industries Machine Shops
Locations  Navi Mumbai
Local Time 6:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 147 thousand (Native Currency: INR 12,500,000)
Reason: The owner wants to sell this profitable business as they want to retire and have no one to take over... View More
Includes physical assets worth USD 23.6 thousand
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Business Overview
- Carbon industrial component manufacturer with an export license and a pan India client base.
- Clients include the Kirloskar Group whose orders form 10-15% of our revenue.
- Regular clients form 90-95% of our revenue and have a 30-90 day payment period whereas exports contribute to 5-7%.
- New clients have to pay a 100% advance before delivery.
- Have well-established client relations of more than 5 years.
- Company has no debt.
- We witnessed a drop in sales due to the 2-month lockdown in Maharashtra.
- The owner has experience of 4 decades in this field.
- The buyer can retain the owner for a period of 6 months to 1 year to acquaint them with the clients.
- The owner will constantly support the buyer, assure the clients of uninterrupted service, and will not enter this industry again as a competitor.
Products & Services Overview
Carbon seal faces for mechanical seals, carbon bearings, carbon vane blades, carbon brushes for windmill turbines, etc.
Assets Overview
5 lathe machines, 3 surface grinders, 1 cylindrical grinder, 1 lapping machine, impregnation plant complete set with autoclave pressure stove compressor, tools, jigs, fixtures, website & domain, and imported raw material stores and spares.
Facilities Overview
Rented facility of 3,600 sq. ft. on a lease contingent upon the mutual trust between the owner and the landlord. We pay INR 60,000 per month for this facility and it is equipped with lathe machines, surface grinders, cylindrical grinder, lapping machine, and a resin impregnation facility.
Capitalization Overview
Not Disclosed
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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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