Businesses for Sale in Karnataka

- 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.