Profitable Plastic Packaging Business Seeking Loan in Chennai, India
Established | 20-30 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 100 - 200 thousand |
Run Rate Sales | USD 140 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Plastic Packaging |
Locations | Chennai |
Local Time | 4:49 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We manufacture HDPE and LDPE industrial films, compostable bags, woven sacks in plain and printed designs.
- We receive orders from Government entities, international clients and private sectors.
- Have many potential clients with us.
- We work on an order basis and the factory has the capacity to fulfil orders of up to INR 10 crores per year.
- Supplying our products all over India with our main market being South India.
- Due to the shortage of electricity, outdated machinery and lack of working capital we are unable to grow to our full potential, as a result, we have kept many of the orders on hold.
- Our sales have reduced compared to last year as we are unable to procure raw materials at a lesser price due to a shortage of working capital.
- Business owns, machinery, equipment, inventory, website.
Manufacturers of plain and printed HDPE and LDPE films and pouches for various packing purposes.
Currently, the business is functioning in rental premises of 3,500 sq ft.
Land of 10,000 sq ft has been purchased to shift the factory.
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Earlier than 15 daysSenior Management, Automotive, Chennai, Individual Investor / Buyer connected with the Business