Yarn Goods Business for Sale in Tenkasi, India
Full sale of operational spinning mill with 20 active clients across Tamil Nadu.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | INR 4 - 5 crore |
| Run Rate Sales | INR 4.8 crore |
| EBITDA Margin | 10 % |
| Industries | Yarn Goods |
| Locations | Tenkasi |
| Local Time | 10:10 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
INR
6.5 crore
(Native Currency: INR 65,000,000)
Reason: The owner is forced to sell due to financial obligations.
Includes physical assets worth
INR
6.2 crore
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Documents
Address Details
(320.6 KB)
GST Registration Certificate
(597.0 KB)
Business Overview
- The founder of this company has 35 years of experience in this field.
- Equipped with an entire team of well-trained staff most of whom belong to the neighbouring village.
- Our business currently produces goods of about 2 tons per day but this can be expanded to about 10 tons per day given the right amount of Investment.
- Currently, our company has about 20 active clients across the medical and garment industry & we have clients all across Tamil Nadu.
- Medical bandage cloth, surgical cloth, and inner vests are some of the areas where the yarn produced by the company is generally used.
- We are one of the only mills in the area, we also possess a GST & Udyam certification.
- Equipped with an entire team of well-trained staff most of whom belong to the neighbouring village.
- Our business currently produces goods of about 2 tons per day but this can be expanded to about 10 tons per day given the right amount of Investment.
- Currently, our company has about 20 active clients across the medical and garment industry & we have clients all across Tamil Nadu.
- Medical bandage cloth, surgical cloth, and inner vests are some of the areas where the yarn produced by the company is generally used.
- We are one of the only mills in the area, we also possess a GST & Udyam certification.
Products & Services Overview
Open-ended spinning mill with new and operational equipment in place. The business is involved in the manufacturing & selling of all types of yarn. Quality is a primary focus for the company and it caters to clients from the medical as well as the clothing industry.
Assets Overview
Tangible assets:- Open end spinning machines that are about 2 years old, digital piecing and preparatory machines to support the process. (INR 1.25 crores)
- Factory of about 15,000 square feet (INR 4.8 crores)
Intangible assets:
- The experience of the team.
- Goodwill acquired along the 7 years of experience in the market.
Facilities Overview
Operations are run from a 15,000 square feet space in Tenkasi which includes an office, employee accommodation & power house. There is also about one acre of land dedicated to parking.
Capitalization Overview
There are two owners:- Partner 1 holds 70%
- Partner 2 holds 30%
Loans of the company include:
- NBFC LAP - ₹280 lakhs.
- NBFC machine loan - ₹50 lakhs.
- Unsecured BL from NBFCS - ₹90 lakh.
- Unsecured cc - ₹68 lakh.
Recent Activity
-
1 week agoIndependent Advisor, Coimbatore, Commercial Real Estate Broker connected with the Business
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