Tire Retreading Business Investment Opportunity in Akaltara, India
Investment opportunity in a successful tire retreading company based in an industrial estate in Akaltara.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 45 thousand |
| Run Rate Sales | USD 54 thousand |
| EBITDA Margin | 15 % |
| Industries | Tire Retreading |
| Locations | Akaltara |
| Local Time | 1:03 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
56 thousand
for
25.0%
stake
(Native Currency: INR 5,000,000)
Reason: We require working capital for our business. We are willing to convert the business to a private lim...
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Includes physical assets worth
USD
135 thousand
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Business Name
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Business Overview
- The tire retreading business, located in Akaltara, specializes in retreading tires for heavy vehicles, including trucks and trailers.
- Established just 1.5-2 years ago, the business has experienced significant sales, currently reporting revenue of INR 40 lakh, with an additional INR 50 lakh generated through informal channels.
- With the capacity to retread approximately 6 tires daily, peaking at 15 tires on the busiest days, the company efficiently meets customer demands.
- The business primarily serves the heavy vehicle sector, making it essential for industries like coal mining that rely on durable tire solutions.
- Automation plays a key role, with the majority of retreading processes performed by machines, minimizing the need for manual labor.
- Operating with a lean team of just 6 full-time employees, the business maintains high productivity and cost efficiency.
- The company is GST certified, ensuring compliance with regulatory standards while enhancing credibility with customers and suppliers.
- As the tire industry remains ever-relevant, the business is positioned for growth by providing quality retreading services that extend the lifespan of heavy vehicle tires.
- Established just 1.5-2 years ago, the business has experienced significant sales, currently reporting revenue of INR 40 lakh, with an additional INR 50 lakh generated through informal channels.
- With the capacity to retread approximately 6 tires daily, peaking at 15 tires on the busiest days, the company efficiently meets customer demands.
- The business primarily serves the heavy vehicle sector, making it essential for industries like coal mining that rely on durable tire solutions.
- Automation plays a key role, with the majority of retreading processes performed by machines, minimizing the need for manual labor.
- Operating with a lean team of just 6 full-time employees, the business maintains high productivity and cost efficiency.
- The company is GST certified, ensuring compliance with regulatory standards while enhancing credibility with customers and suppliers.
- As the tire industry remains ever-relevant, the business is positioned for growth by providing quality retreading services that extend the lifespan of heavy vehicle tires.
Products & Services Overview
- Our top selling product is retreaded tires for heavy vehicles like trucks, lorries, and trailers.- We buy used tires from coal companies around us and sell them back to the coal companies or anyone looking for heavy vehicle tires.
- We sell our products across Chhattisgarh.
Assets Overview
Tangible assets:Retreading machine worth INR 48 lakh.
Other assets and equipment worth INR 72 lakh.
Facilities Overview
- We operate from a leased facility in Akaltara Industrial Area.- Total workshop area is 3,500 sq. ft.
- We have 10-year lease with the government for this workshop.
Capitalization Overview
- Business has no loans but it has an OD facility of INR 20 lakh.- This is a proprietorship business with a single owner.
Recent Activity
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