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Industrial Businesses for Sale in Madurai

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Pesticide Company for Sale in Madurai, India

Pesticide formulation company with license for 46 products approved by Central Insecticides Board, for sale.
- Business was formerly a manufacturer of pesticide formulations of insecticides, weedicides, fungicides, etc. - We have been non-operational for a few years to concentrate on other businesses. Our revenue was 70-80 lakhs per year in 2017. - We own a permanent license for 46 pesticide products. A single license in this industry takes 8-12 months to get approved. - The licenses and numerous approvals we have are our assets and we are looking to sell that. Other physical assets have been sold. - The business has a supreme reputation of 35 years in the whole of southern India. We have dealers network all over Tamil Nadu, Kerala, Andhra Pradesh, Telangana, Karnataka, Gujarat, Punjab, and Maharashtra. - The promoter is involved in all professional associations related to the field such as Joint Secretary in Tamil Nadu Small Scale Pesticide Manufacturing Association, Life Advisory Committee member in Tamil Nadu Agro Inputs Traders Association, Executive Committee member in Federation of Pesticide Manufacturers Association of South India, and a member of Confederation of Pesticide Manufacturing Association, Delhi. - The business name carries goodwill and is recognized widely. - The buyer can start manufacturing directly under our name without setting up a brand. It will also save the hassle of seeking licenses and approvals. - We are looking for a buyer already in this industry, preferably with a manufacturing unit, so they can pick up the operations quickly and with ease.
Pesticide formulation company with license for 46 products approved by Central Insecticides Board, for sale.
7.2   Madurai
Run Rate Sales
Nil
EBITDA Margin
Nil
Business for Sale
USD 240 K
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