Petroleum Product Wholesale Business Investment Opportunity in Pune, India
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 50 - 60 thousand |
Run Rate Sales | USD 100 thousand |
EBITDA Margin | 10 % |
Industries | Petroleum Product + 1 more |
Locations | Pune |
Local Time | 7:43 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- 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.
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.
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.
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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Earlier than 15 daysSenior Technical Engineer, Construction, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Petrochemical, Pune, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Engineering Solutions, Doha, Individual Investor / Buyer connected with the Business