Waste Management Business for Sale in Chennai, India
Acquire a turkey non-operational Chennai-based plastic recycling enterprise with 10+ suppliers and 70 tons/month capacity.
| Established | 10-20 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 350 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Waste Management |
| Locations | Chennai |
| Local Time | 9:24 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Full Sale
Asking Price:
USD
88 thousand
(Native Currency: INR 7,500,000)
Reason: The promoter is selling the business due to insufficient working capital.
The promoter is willing t...
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Includes physical assets worth
USD
88 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Registration Certificate
(135.2 KB)
Business Overview
• Specialized plastic recycling: Business adept in transforming waste plastics into recycled granules, catering primarily to pipe and plastic product manufacturers.
• Strategic location: Situated in Chennai, a major industrial hub, facilitating access to diverse clientele and scrap material suppliers.
• Operational pause due to capital constraints: Recent cessation of operations due to funding challenges presents an opportunity for strategic investment aimed at revitalizing production and exploring expansive market potential.
• Solid supplier network: Engaged with over 10 scrap sellers, ensuring a steady supply chain for uninterrupted production capabilities.
• Production capacity: Capable of processing up to 70 tons of plastic waste per month, contributing significantly to the circular economy in the plastics industry.
• Strong local market presence: Sustains relationships with 5 local buyers, underlining the business’s established market footprint within the region.
• Certification compliance: Possesses requisite GST registration, although renewal of the pollution control board certificate is pending, highlighting adherence to regulatory standards crucial for business operations.
• Strategic location: Situated in Chennai, a major industrial hub, facilitating access to diverse clientele and scrap material suppliers.
• Operational pause due to capital constraints: Recent cessation of operations due to funding challenges presents an opportunity for strategic investment aimed at revitalizing production and exploring expansive market potential.
• Solid supplier network: Engaged with over 10 scrap sellers, ensuring a steady supply chain for uninterrupted production capabilities.
• Production capacity: Capable of processing up to 70 tons of plastic waste per month, contributing significantly to the circular economy in the plastics industry.
• Strong local market presence: Sustains relationships with 5 local buyers, underlining the business’s established market footprint within the region.
• Certification compliance: Possesses requisite GST registration, although renewal of the pollution control board certificate is pending, highlighting adherence to regulatory standards crucial for business operations.
Products & Services Overview
The business specialized in plastic recycling into granules, sourcing raw materials from various industries and scrap sellers.The recycled granules are then sold to manufacturers of plastic products, including pipe manufacturers and other related sectors.
Assets Overview
Tangible assets:- Plastic recycling equipment:
2 extruder machines with baby extruder attachments.
1 spare extruder machine.
2 additional baby extruder sets.
2 mixers.
2 grinders.
1 agglomerator.
1 dust removal machine.
- Vehicles:
1 Tata 1012 vehicle (21.5 feet).
1 Tata Ace vehicle.
Facilities Overview
The business operated from a rented unit with a total area of 7,200 sq. ft. , comprising a 5,400 sq. ft. shed and 1,800 sq. ft. of open land.The monthly rent is INR 55,000, with a security deposit of INR 4 lakh. The facility also includes 4 rooms designated for workers' accommodation.
Capitalization Overview
The business operates as a sole proprietorship and has a cash credit (CC) facility of INR 55 lakh.
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