Solar Products Business for Sale in Kunigal, India
For Sale: Company manufactures solar water heaters and supplies to over 30 clients.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 160 thousand |
| Run Rate Sales | USD 162 thousand |
| EBITDA Margin | 5 % |
| Industries | Solar Products |
| Locations | Kunigal |
| Local Time | 12:45 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
170 thousand
(Native Currency: INR 15,000,000)
Reason: Founders are too old to run the business.
Includes physical assets worth
USD
170 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
GST Certificate
(112.7 KB)
Business Overview
- Started by a retired scientist from CPRI (Central Power Research Institute), we are into the manufacturing of solar water heaters.
- Manufacturers of solar water heaters of various types based on the requirements for the following sectors:
1) Residential.
2) Commercial and.
3) Industrial sectors.
- The manufacturing capacity of the unit is 50 units per day but the current utilization is 10 units a day.
- Currently supplying to over 30 wholesalers and retailers.
- Manufacturers of solar water heaters of various types based on the requirements for the following sectors:
1) Residential.
2) Commercial and.
3) Industrial sectors.
- The manufacturing capacity of the unit is 50 units per day but the current utilization is 10 units a day.
- Currently supplying to over 30 wholesalers and retailers.
Products & Services Overview
Models of solar water heaters being manufactured now:ETC models with 58*1800mm size with three-layer evacuated vacuum tubes.
Inner tank:
- SS 304L.
- SS 316.
- Polymer.
- Glass line enamel coated.
- GI with Nano Silicone coated.
Outer tanks:
- Powder-coated GI.
- Stainless Steel.
Capacity:
100LPD, 150LPD, 200LPD, 250LPD and 300LPD.
Assets Overview
Tangible- stock worth INR 80 lakhs, machinery used for the manufacturing of solar water heaters like ss tank, and assembling unit.Intangible- Client base of distributors, GST credits accumulated and other deposits.
Facilities Overview
Advance paid: Rs. 5.0 lakh for the land.Rent: 35,000 per month for the land.
The building is constructed by us by leasing the land located in the south of the city.
Total area: 0.5 acres (21,780sft)
Built-up area: 17500 sqft.
Capitalization Overview
- Currently funded through personal money from the founders and loan of INR 1 crore from Karnataka bank.- The company is owned by a single family and has one OD facility of INR 60 lakhs.
- The loan will be carry forwarded to the buyer.
Recent Activity
-
Earlier than 15 daysGM Corporate, Renewable Energy, New Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Advertising, Hassan, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
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