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Profitable Mining Support Business for Sale in Dhanbad, India

Buy a 100% transferable hose & fittings manufacturing business having rate contracts with Tata Steel.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin 40 %
Industries Mining Support + 1 more
Locations  Dhanbad
Local Time 6:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 54 thousand (Native Currency: INR 4,500,000)
Reason: The owner has to retire due to health issues. Interested buyers are encouraged to come and visit our... View More
Includes physical assets worth USD 36 thousand
Interested to connect with advisors
Documents
PO
Orders
Business Overview

- Manufacturer and supplier of hose and fittings.

- We are suppliers to Coal India Limited, Tata Steel Limited, BGR Mining and Infra Limited, Electro Steel Limited, and many others.

- Daily production capacity of 300 pieces.

- Occasionally hire part-time workers as well.

- Have rate contract with Tata Steel, and order basis with other companies.

- The unit is 100% easily transferrable.

- Hose is a vital product that is used almost in every company in the mining, steel & hydraulic sector.

- It has unlimited growth and is a respectable industry with handsome margins.

Products & Services Overview

Hose-assemblies, hoses, and end-fittings that are used in mining operations and steel production.

Assets Overview

Tangible assets include.

- Crimping machine worth INR 8-10 lakh,

- Cutting machine worth INR 25-30k,

- Skiving tools worth INR 50l.

- Punching machine worth INR 1 lakh.

- Stock worth about INR 38-40 lakh.

Intangible assets include goodwill worth about INR 34 lakh.

Facilities Overview

It is almost 2,000 sq. ft. rented area on the same floor. The facility is located in the main Dhansar area of Dhanbad. The monthly rent of INR 12,000. The unit is completely transferable and can be easily moved to any other mining hub in India.

Capitalization Overview

- Started with own funds.

- 100 % ownership with the sole proprietor.

- CC limit of INR 10 lakh from Punjab National Bank on Katras Road, Dhanbad.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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