Industrial Businesses for Sale in Karnataka

Company started operations 2.5 years ago and was an exporter of fox nuts, dry fruits, millet cookies, organic fruits and vegetables. The operations ended last year-end due to a capital crunch and hence partners have exited the business. Primarily sourced the products from suppliers in North India, and clients were mainly supermarkets in Saudi and also had a presence at major FMCG retailers across Bangalore.

- Contract manufacturer of plastic injection molded products. - Company has around 8 active clients who are mostly OEMs and Tier 1 clients. - Orders are received from clients on a recurring basis based on their requirements. - We have orders on hand that are worth INR 24 crore on an annual basis. - Key highlights: • Average DSO (Days Sales Outstanding) is 20 days. • Average DPO (Days Payable Outstanding) is 45 days. • Average ITR (Inventory Turnover Ratio) is 15 days. - The company has the capacity to manufacture INR 35 crore worth of products in a year. - We have gone through the entire qualification process and have become registered vendors for these firms. - The company is also ISO 9001-2015 and BIS (toys) certified and maintains strict production quality standards. - The company was a loss-making company when acquired. We have now turned it around and brought it to profit. - The turnover for this year is more than last year because we have received higher order volume from our existing clients as well as we have been getting export orders from International - European clients. - Promoters are entrepreneurs with over 30 years of experience in technology, marketing, and finance. - Both promoters specialize in contract manufacturing businesses and their model is to buy stressed companies and turn them around for partial/full exit.

- Company exports mango and white guava pulp and is based in Bangalore. - Started the business with INR 37 lakh in 1992 and now doing more than INR 10 crores in revenue. - Supplying to more than 12 clients. - We mainly export to the Middle East countries like Qatar, UAE, Saudi Arabia, Dubai, Kuwait. - Sourcing products from processing plants in Tamil Nadu and Andhra Pradesh. - Have good business relationship with customers, suppliers, bank and other stakeholders. - We are doing business with the same clients for the past 20 years. - Business has one-star export house benefits received in accreditation with the Ministry of Agriculture & Farmers. - Have a valid IEC license. - Promoter has industry experience of 36 years. - Company has paid capital and reserves of approximately INR 4 crores free of any encumbrances. Company operates with the Bank WC limits. No private or public debt except the utilization of WC for business. - Buyer would get the complete business with market credits, furniture, and the business financial details.

- The firm is withstanding for a period of over 30 years in the area of industrial products marketing. - Company has a high credibility with suppliers and customers. - Have 30 vendors from all across the world. - We have a database 200 clients and around 120 of them are regular clients. - Some of our clients are reputed agencies like 3M, Senapathy Whitely, AVI Global Plast, Texyear adhesives & SYP. - Our revenue has decreased this year due to the impact of COVID.