Petroleum Product Wholesale Business Investment Opportunity in Pune, India

MRO provider and wholesaler of industrial equipment with 40 regular customers and 20 suppliers.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 - 70 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 10 %
Industries Petroleum Product Wholesale + 1 more
Locations  Pune
Local Time 8:08 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 37 thousand for 40.0% stake (Native Currency: INR 2,750,000)
Reason: We require an investment primarily for working capital since we offer our products on credit. We ha... View More
Includes physical assets worth USD 20 thousand
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Business Overview

- We are into the wholesale, maintenance, repair and operation of products in the manufacturing industry. To that extent, we are also an authorized distributor of Gulf Industrial Lubricants.

- Run rate sales have dropped since the business is slowly picking up post pandemic.

- We procure our products from over 15 - 20 suppliers some of which include Bonfiglioli, Oilon, Thermax, and Gulf.

- We have over 40 regular clients such as Metalyst Forgings, Asian Paints and K-Flex.

- We offer our products on credit. The credit period offered to our customers varies from 1 month to 6 months.

- The average mark up on the price of the products is approximately 15%.

- We have a dedicated research and development team and actively engage in quality testing regularly.

- The business has not undertaken any digital marketing, however, we generate leads through online portals such as IndiaMART.

- The owner is an IIM graduate and has over 11 years of experience as a marketer.

Products & Services Overview

We are involved in the wholesale, maintenance, repair and operation of products in the manufacturing industry.

The products include: Gulf Industrial Lubricants, burner spare parts, boilers, electrical gear boxes and motors, V premium board, Godrej locking solutions & hardware items, fibre cement sheet, lock bodies and cylinders and furniture fittings.

Assets Overview

The business has stock worth INR 15,00,000. We also own a small tempo that is worth INR 8,00,000. The brand is Force Motors. Additionally, the business owns some furniture.

Facilities Overview

We have a registered office that has an area of 900 square feet. We pay a monthly rent of INR 10,000 and have already paid a deposit of INR 50,000.

We have also taken a warehouse on rent. It has an area of 1,000 square feet. The monthly rent paid on this property is INR 7,000. We have paid a deposit of INR 20,000 on this property.

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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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