Profitable Yachts and Boats Business Investment Opportunity in Pondicherry, India
ISO 9001:2015 certified manufacturer and supplier of fiberglass/aluminum boats within India and the MENA region.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 600 - 700 thousand |
| Run Rate Sales | USD 900 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Yachts and Boats |
| Locations | Pondicherry |
| Local Time | 12:06 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Partial Stake Sale
USD
1 million
for
51.0%
stake
(Native Currency: INR 85,000,000)
Reason: We missed projects worth INR 30+ crores during the previous FY due to the non-availability of BG and...
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Includes physical assets worth
USD
800 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Registration Certificate
(447.8 KB)
Domain-Verification.pdf
(213.0 KB)
GST Certificate
(166.0 KB)
Udyam Registration Certificate
(372.7 KB)
Business Overview
- The company specializes in manufacturing medium and small-sized fiberglass boats, aluminum boats, steel tugs, barges, and dredgers.
- We also have a dealership with Honda and supply OBM engines.
- The company holds certifications such as ISO 9001:2015, ROHS, IAF, DAC, and is an IACS-approved yard by the Indian Register of Shipping.
- We also hold the government approved ship building license, which bestows the right to manufacture ships within the country,
- It operates a state-of-the-art manufacturing facility in Cuddalore, Tamil Nadu, and offers sales and after-sales service support globally.
- The managing partner brings over 15 years of industry experience, managing a team of 25 employees.
- The company has a strong focus on the Indian market but also exports to the MENA region.
- We enjoy repeat business mainly from government bodies.
- We also have a dealership with Honda and supply OBM engines.
- The company holds certifications such as ISO 9001:2015, ROHS, IAF, DAC, and is an IACS-approved yard by the Indian Register of Shipping.
- We also hold the government approved ship building license, which bestows the right to manufacture ships within the country,
- It operates a state-of-the-art manufacturing facility in Cuddalore, Tamil Nadu, and offers sales and after-sales service support globally.
- The managing partner brings over 15 years of industry experience, managing a team of 25 employees.
- The company has a strong focus on the Indian market but also exports to the MENA region.
- We enjoy repeat business mainly from government bodies.
Products & Services Overview
- Manufacturer of all types of medium and small-sized fiberglass boats, aluminum boats and steel tugs, barges, and dredgers.- Supplier of Honda OBM engines.
- The company has a strong focus on the Indian market but also exports to the MENA region.
Assets Overview
Tangible Assets include the stocks of:- Fiberglass mold/ boat worth INR 4 crores.
- Steel and aluminum plates stock of INR 1 crore.
- Marine jets and gearboxes for INR 1 crore.
Apart from the product stocks, all the necessary manufacturing machinery and equipment come up to INR 50 Lakhs.
Facilities Overview
We have a registered Office based in Pondicherry which can accommodate 15 employees. The rent paid for the office is around INR 20,000 per month.We have a 1-acre yard facility in Cuddalore where our factory is located. We pay an annual lease of INR 10 Lakhs for the same.
Our Seafront 20,000 Sq ft property is suitable for building Steel vessels.
Capitalization Overview
The Company has 2 partners having 50% equal stake.The partner's property has been registered for a bank loan and the total debt amount is INR 5.8 Crores.
We are interested in selling a stake of 51% for 8.5 Crores in order to pay off the debt and additionally spend towards the development of the factory.
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