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Solar Products Business for Sale in Kolkata, India

Solar products manufacturer that used to cater to clients like Reliance Industries, ONGC, Tata Motors.

Established 10-20 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin 10 - 20 %
Industries Solar Products
Locations  Kolkata
Local Time 1:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 18 thousand (Native Currency: INR 1,500,000)
Reason: The owner wishes to retire and wants to sell the business.
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
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Business Overview

- Kolkata-based reputed solar manufacturer with 14 years of experience.

- Have an exclusive agreement for the sale of US made Li Ion and Li FePO4 Batteries in India with a reputed US manufacturer.

- Also have an agreement for the transfer of technology with the same firm for manufacture in India.

- Some of the innovative solar products are solar portable lights, solar suitcases, solar cum line powered low voltage kitchen water heaters and geysers, portable milk coolers, and panel defrosters.

- Business association with Flipkart and Amazon for online delivery of our products.

- We are registered with India Mart, Trade India, Moglix and Neeshi for sale of our products.

- We used to serve clients like Reliance Industries, ONGC, and Tata Motors and have Vendor Registration with them.

- Owner, an Electrical Chartered Engineer, has 40+ years of electrical engineering experience in Steel, Power plant, Chemical industries, and later with solar system integration.

- Business is also manufacturing electric cycles with ranges of 60-100 km, and conversion of 2-wheelers to Electric.

- The business of Solar and EV have immense possibilities but present business slowdown due to pandemic has been a big constraint to growth.

The business has part-time employees.

Products & Services Overview

Manufacturing and sell - solar power plants, street lights, home lights, solar water heaters, solar water pumps, solar air heaters, solar suitcase, portable solar, solar generators, retrofitting of LED lights, selling of EV batteries, e- cycles, and conversion projects.

Assets Overview

Office space, testing equipment, machinery cost, electrical equipment, solar product equipment, and license of solar manufacturing.

Agreement with a US firm for the sale of their lithium batteries in India and transfer of their technology.

Facilities Overview

800 Sq Ft, own flat for manufacturing and assembly.

Capitalization Overview

Proprietorship. Fully funded by the owner. No outstanding loans from anybody. No debts pending or any encumbrances. No pending employee liability.

Recent Activity
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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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