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Industrial Machinery Businesses for Sale in Thane

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Industrial Machinery Company for Sale in Thane, India

Thane based manufacturer of specialized industrial painting equipment for the automobile industry.
- Manufacture specialized painting equipment for use in automotive painting. - Supply to other engineering firms who provide turnkey painting solutions to OEM automobile manufacturers. - We supply to 4 of the 5 major turnkey automobile painting solution providers in India most of whom have been our clients for the last 25 years. - The business enjoys margins between 20 - 25% with revenues of over INR 3 Cr. under normal business conditions. - However, due to the downturn in automobile sales and manufacturing, the business has operated at a loss for the last 3 years. - The company has a strong balance sheet with zero debt and no long term or major liabilities. - The factory is setup on a leased MIDC plot of 510 sq. m. - Buyer will acquire the entire business with all its assets and contracts.
6.3   Thane
Run Rate Sales
USD 150 thousand
EBITDA Margin
Nil
Business for Sale
USD 700 K
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