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Profitable Die Casting Business for Sale in Bangalore, India

For Sale: Manufacturers of gravity diecasting products with 1 client.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 44 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 40 %
Industries Die Casting
Locations  Bangalore
Local Time 4:17 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.2 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 360 thousand
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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.
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.
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1 Buyer contacted this Business this month. Register below to connect now!
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.
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