Profitable Die Casting Business for Sale in Bangalore, India
For Sale: Manufacturers of gravity diecasting products with 1 client.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 39 thousand |
| Run Rate Sales | USD 376 thousand |
| EBITDA Margin | 40 % |
| Industries | Die Casting |
| Locations | Bengaluru |
| Local Time | 3:36 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.04 million
(Native Currency: INR 100,000,000)
Reason: Two partners who were technical did not have additional capital to invest. Hence they had to quit. N...
View More
Includes physical assets worth
USD
310 thousand
Documents
ROC-Verification.pdf
(66.1 KB)
Business Overview
- The company started 2 years ago and has developed a gearbox for USA electric vehicle company.
- Business could not take off because of a lack of working capital.
- Manufacturing capacity is 3 tonnes per day but currently utilizing 40% of the capacity.
- Currently catering to 1 client from the automobile industry.
- As production started last year, we did not have any clients. Our sales has increased as we are supplying our products to 1 client.
- As India is on a new path of growth, we see huge opportunities in this industry.
- Business could not take off because of a lack of working capital.
- Manufacturing capacity is 3 tonnes per day but currently utilizing 40% of the capacity.
- Currently catering to 1 client from the automobile industry.
- As production started last year, we did not have any clients. Our sales has increased as we are supplying our products to 1 client.
- As India is on a new path of growth, we see huge opportunities in this industry.
Products & Services Overview
Manufacturer of diecasting products for automobile, defense, and aerospace industries.
Assets Overview
Tangible- The buyer would get ready set up for gravity diecast with a company having existence of 3 years. Machinery worth INR 3 crores, office setup, and power of 200 kva.Intangible- experienced manpower and technical head.
Facilities Overview
The factory is located in the south of the city on 10,000 sqft of an industrial shed with 200 kva power. It is a leased facility. 3 years are remaining for the renewal. We pay a monthly rent of INR 2 lakhs.
Capitalization Overview
- We are two partners with 51% and 49% shareholding respectively.- Do not have any bank loan.
- Payable is INR 60 lacs. We have some loans from relatives which will be cleared at the time of the transaction.
Recent Activity
-
Managing Director, Metal Components, Coimbatore, Corporate Investor / Buyer connected with the Business
Tags:
Profitable Die Casting Business for Sale in Bangalore, India
·Purchase Profitable Die Casting Business in Bangalore, India
·Buy Profitable Die Casting Business in Bangalore, India
·Profitable Die Casting Business for Sale in Bengaluru
·Purchase Profitable Die Casting Business in Bengaluru
·Buy Profitable Die Casting Business in Bengaluru
·Profitable Die Casting Business for Sale
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
8 Buyers already contacted this
Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 72,500+ other businesses of all sizes.
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.
You might also be interested in these businesses