Scientific Equipment Company for Sale in Nashik, India

- Trading company that sells laboratory glassware, chemicals, and equipment.
- The business was established in 1952 and was transformed into a private limited company in 1993.
- Company has very high credibility with suppliers and customers.
- Have more than 100 vendors, of which 30 are regular.
- We have more than 300 customers, of which around 100 are regulars.
- We also regularly export goods to a couple of countries in the African continent and Sri Lanka and working on a few customers in some other countries.
- 5% of our revenue is from exports, while 95% comes from domestic sales.
- Our revenue was constantly increasing till 2019. There was a little dip during the Covid period.
- There is a term loan of of INR 1 crore. We use not more than INR 50 - INR 60 lakh from this.
- Accounts receivable of about INR 2 crore and accounts payable are about INR 77 lakh.
- The company has 10 shareholders; 4 individuals hold almost 95% of the shares and the rest is split among 6 individuals.
- 100% of the shares will be transferred to the buyer in this sale.