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Profitable Solar Products Business for Sale in Ahmedabad, India

For Sale: Company that designs, develops and manufactures solar LED products and sell it.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 42 thousand
Run Rate Sales USD 7.1 thousand
EBITDA Margin 40 %
Industries Solar Products
Locations  Ahmedabad
Local Time 3:27 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: Due to the current situation we do not have enough funds to keep up operations. However, the company... View More
Includes physical assets worth USD 18 thousand
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Business Overview
- We are a solar energy product design and development firm.
- Have over 45 clients who we cater to pan India. They order from us on a need basis.
- Most of the clients who purchase our products are OEMs and resellers.
- Due to the Covid situation our operations were shut down for 6 months which is why our revenue fell.
- Also there are fewer government tenders for solar projects as most funds are being directed towards Covid measures.
- We expect this to be a temporary situation and once the global situation subsides, our revenue is projected to grow.
- The design, development and basic manufacturing is done in house and send to a third party for assembly.
- Promoter has over 10 years of experience in the solar products industry.
-This company would be ideal for anyone looking to take up government projects and tenders in renewable energy space.
Products & Services Overview
Solar LED street light drivers, solar charge controller, DC-DC drivers, solar home lighting system, LED drivers, solar lantern modules.
Assets Overview
Tables, chairs, testing equipment, storage unit, PCB's stock, components stock, other raw materials. Our intellectual assets include IPs and design rights.
Facilities Overview
Rented testing and design facility of 950 Sq Ft.
Capitalization Overview
Not Disclosed
Recent Activity
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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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