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Yarn Goods Business for Sale in Bangalore, India

Cotton yarn producer serving sericulture industry with 100 wholesalers for sale.

Established 30-40 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 92 thousand
Run Rate Sales USD 93 thousand
EBITDA Margin 10 %
Industries Yarn Goods
Locations  Bengaluru
Local Time 11:12 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 14 thousand (Native Currency: INR 1,200,000)
Reason: The owner started working at the age of 19 and now is 70, so he wants to retire to enjoy the rest of... View More
Includes physical assets worth USD 6.9 thousand
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Business Name
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Business Overview
- The business is a cotton yarn producer based out of Bagalur, Bangalore.
- We make hangs, cones and yarns.
- The product is used prominently by the sericulture industry wherein they produce pure silk, and finally buy from us or our wholesale dealers.
- We sell our products to 100 wholesalers across Karnataka and Andhra Pradesh.
- We are a duly certified company with all the necessary certificates and licenses.
Products & Services Overview
We produce cotton yarn which is used in the silk industry.
- We sell our product to 100 wholesalers throughout Andhra Pradesh and Karnataka.
Assets Overview
Tangible assets:
- Leesona (USA make) brand cone winding machine- 3 numbers / 18 heads.
- Indian-made tube winging - 1.
- Indian-made cone winding - 1 with 12 heads and connected hank reeling machines 24 + 34 hanker.
- A 10 Kva generator.
* All the machinery comes with ample spares.
- The total value of the above-mentioned assets is INR 6 lakh.
- Intangible assets: The trusted brand name, the owner is willing to share his existing contacts with the new buyer.
- The owner is also willing to sell his stock/inventory for a price at that point in time as the market keeps fluctuating, and this is not included in the asking price.
Facilities Overview
- Currently, we operate from a facility in Bangalore but this facility will not be a part of this transaction and the user will have to relocate.
Capitalization Overview
The business does not have any loans or debts and is a sole proprietorship.
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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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