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.

We deal in:

- Laboratory chemicals, bulk chemicals.

- Laboratory glassware.

- Laboratory filter papers.

- Laboratory instruments and equipment.

- All lab peripherals.

Physical assets include a pickup truck worth INR 7 lakh and office furniture.

We have a company-owned office and warehouse. It is a two-storied building with an approximate built-up area of 7,500 sq. ft. This is not included in the transaction.

- About 50% of working capital is raised from bank.

- There are four shareholders who contribute the remaining 50% of it.