Textile Company for Sale in Chirala, India

Family owned business involved in manufacturing cotton and recycling of carding web since 2008.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 260 thousand
EBITDA Margin
18 %
Industries
Locations
Local Time
2:00 PM Chirala
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 600 thousand (Native Currency: INR 40,000,000)
Reason: Due to issues between directors of the company.
Includes physical assets worth USD 650 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
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User Verification
Documents
Business Overview

- Business is operating since 2008 in Chirala, Andhra Pradesh.

- We own a land of 1.74 acres. Have a factory with sheds and open industrial land in NH 216 bypass road, Akkayyapalem.

- Manufacturing capacity is 2 tons of cotton per day.

- Along with pure cotton, we also produce roving ends and bedding waste.

- Founder has 9 years of experience in marketing and 12 years in the spinning manufacturing industry.

- We are serving 5 large scale clients in the state.

- We are running one shift in the factory, if it is increased to 3 shifts a day the turnover would increase to 4.5 crore per year.

- Business is for sale along with the machinery which is in good working condition.

Products & Services Overview

- Since 2008 running open end spinning and from 2016 started cotton manufacturing, recycling fiber carding web, roving ends, hard waste bedding waste.

Facilities Overview
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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