Household Products Company Investment Opportunity in Mumbai, India
Established | 5-10 year(s) |
Employees | 100 - 500 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1 - 2 million |
Run Rate Sales | USD 3 million |
EBITDA Margin | 20 - 30 % |
Industries | Cleaning Supplies + 1 more |
Locations | Mumbai |
Local Time | 1:52 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We deal in the manufacturing of plastic cleaning products such as spin mops, brooms, microfiber mop refills and spin mop handles set etc.
- Our company has a network of 200+ wholesalers pan India.
- We can manufacture products worth INR 30-35 lakh on a daily basis.
- Pre-Covid, cleaning products were imported from China, with less import duty.
- After the pandemic, due to an increase in the import duty, the demand for Chines products reduced.
- We successfully captured this opportunity and were able to double our revenue.
- The business has two directors with an equal stake in the company.
- Company has outstanding liabilities worth INR 2.5 crore.
We manufacture spin mops, cotton mops, mop refills, mop handles & parts, mop accessories, brooms, broom sticks, and brushes.
Physical assets include 150+ moulds and 50+ machines.
We have a factory set-up with an area of 30,000 sq ft on a rental basis.
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Earlier than 15 daysCEO, Exporter And Importer, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder & CEO, Delhi, Business Broker connected with the Business
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Earlier than 15 daysDirector, Refined Petroleum Products, Mumbai, Individual Investor / Buyer connected with the Business