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Packaging Business for Sale in Sitarganj, India

Manufacturers and exporters of terracotta and ceramic pots and containers used by Vadilal, Havmor brands.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales INR 2.5 crore
Run Rate Sales Nil
EBITDA Margin 10 %
Industries Packaging
Locations  Sitarganj
Local Time 12:50 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: INR 3.5 crore (Native Currency: INR 35,000,000)
Reason: Directors occupied in other ventures related to health care and unable to look after this business.
Includes physical assets worth INR 3 crore
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Business Name
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User Verification
Documents
IEC Certificate
Business Overview
- Company specialises in the production of various types of terracotta and ceramic pots and food packaging for different applications.
- We have 6 regular clients at the moment and some of them are Vadilal, Havmor, PlayBox, and US Nonwovens.
- Business originally started by exporting the products to companies in Sweden, the USA, Germany and we have recently started domestic sales as well.
- Our products are in demand in the domestic and international markets.
- Production capacity is 25K kulfi matki and 80K flower pots per month and we have enough space to expand the capacity 5X.
- Operations of the business have been temporarily halted due to the recent lockdowns and recent demise of one of the directors as a result of Covid.
- Everything is in place to restart the business in a week by the new owner.
Products & Services Overview
Flower pots, vases, diya, kullhad, matki, handi, bottles of all quality, and classes made out of terracotta and ceramic. Printed/nonprinted and glazed/plain.
Assets Overview
DG set, motors, furnace, tunnel, all plant and machinery.
We have also paid around INR 1 cr for land lease which is not included in the asset value.
Facilities Overview
Government leased property for 90 years.
Total plot area - 2 acres.
Annual lease rent - Rs. 60,000/-
Covered area - 12,000 sq feet.
Two sided road with 290x300 feet boundary and two gates.
Capitalization Overview
Not Disclosed
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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