Petroleum Product Wholesale Business Investment Opportunity in Pune, India
|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|
|Local Time||8:08 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- 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.
Earlier than 15 daysCEO, Engineering Solutions, Doha, Individual Investor / Buyer connected with this business
Earlier than 15 daysOperations Manager, O&G / Power, Pune, Individual Investor / Buyer connected with this business