Small Iron & Steel Store for Sale in Mumbai, India
| Established | 50-60 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 84 thousand |
| Run Rate Sales | USD 44 thousand |
| EBITDA Margin | Nil |
| Industries | Rented Commercial Properties + 1 more |
| Locations | Mumbai |
| Local Time | 10:40 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- We specialize in the trading of high-quality steel tubes: MS tubes, ERW resistance tubes, and CDW tubes, mainly catering to the automotive, construction, and heavy machinery sectors.
- Our operations attracted around 200 walk-in customers daily, mainly B2B clients looking for wholesale, but we also catered to retail customers too.
- Our customer base includes suppliers and manufacturers of automotive parts, manufacturers of heavy machinery, and manufacturers of steel furniture like beds.
- We generate steady revenue through trading margins on our steel products and rental income from a pre-leased warehouse.
- The average order value from our clients is about INR 50,000 with no minimum purchase requirement.
- Recently, the owner has been scaling back on sales and operations while focusing on a smooth exit from the business and the steel business is currently operating with on an average of INR 50,000 per month.
- This is a great investment opportunity for buyers who have experience in steel tubes business and are looking for a well-established company with a strong customer base and steady income streams.
- In this transaction, the company and its assets are being transferred. The warehouse, which is company-owned and can also be rented out, is currently leased and will be transferred to the buyer. Once the lock-in period of the current tenant’s term ends, the buyer can decide whether to continue renting it out or keep it for their own use, as the company is not currently utilizing it.
- Intangible assets: the brand value of the company, good will, customer relationship, private limited incorporation, reputation for selling the best quality steel tubes.
However, a company-owned warehouse of about 5,000 sq. ft. is currently rented out under a "Leave and Licence agreement" with a pre-leased sale clause. The rent is presently INR 3 lakh per month, with potential for increase. The total term is 4 years, with a required 3-year lock-in, and we’re currently in the second year.
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1 week, 5 days agoProprietor, Event Management, Mumbai, Individual Investor / Buyer connected with the Business