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Solar Products Business for Sale in Kunigal, India

For Sale: Company manufactures solar water heaters and supplies to over 30 clients.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 170 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 5 %
Industries Solar Products
Locations  Kunigal
Local Time 2:35 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 180 thousand (Native Currency: INR 15,000,000)
Reason: Founders are too old to run the business.
Includes physical assets worth USD 180 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
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.

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
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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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