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Profitable Elevator Company for Sale in Thrissur, India

For Sale: Home lift business manufacturing premium lifts with manufacturing capacity of 3-4 lifts monthly.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 180 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 30 %
Industries Elevator
Locations  Thrissur
Local Time 7:02 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 600 thousand (Native Currency: INR 50,000,000)
Reason: Selling the business due to lack of funds.
Includes physical assets worth USD 120 thousand
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Business Overview
- Very much suitable for newly/pre-existing homes with a minimum area of 1mx1.2m required.
- Working in single phase /solar 1,500W /2HP only.
- The products are available in customized colors and are non-lubricant/pit-free.
- The lift capacity is 250kg which is of German technology.
- The manufacturing capacity is 3-4 lifts monthly.
- Have sold the products to 130 individual customers to date.
- Our sales have increased due to an increase in the sale of lifts.
Products & Services Overview
Manufacturing and installation of compact-type home lifts working in single-phase 1500w suitable villas. Making luxury, wheel chair. Suitable for new/pre-existing villas at affordable prices.
Assets Overview
Tangible assets include stock worth INR 50 lakhs, tools, equipment, and machinery.
Facilities Overview
The facility is located on the highway in a 4,000 sqft area with a monthly rent of INR 35,000.
Capitalization Overview
- Funded by SBI as OD of INR 40 lakhs.
- The company has 2 directors with equal shareholding.
- Outstanding debts of INR 50 lakhs which will be carry forwarded to the new buyer.
Recent Activity
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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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