Asking Price: 5 - 10 Crore
Gross Income: undisclosed
Cash Flow: undisclosed
Capex: 20 - 30 Lac
We are an established shoe components unit at Greater Noida. We are interested in selling our profitable running unit alongwith the factory building in 902 Sq. Mts. area, builtup about 11000 sq. ft.
We manufacture shoe components and have been in this business since last 11 years enjoying a high goodwill , with an established network of buyers in Delhi/NCR/Punjab. The unit has scope for doubling the production capacity within the existing infrastructure . Presently the turnover is about Rs 4 crores and can go upto Rs. 10 crores using the same machines, infrastructure, well trained minimum staff etc. The value of sale comprises of almost 80 to 85% of land and building value+ fair market value of plant and machinery based on its age. The profitability is about Rs.5 to 6 lacs monthly and can easily go upto Rs 12 to 15 monthly within 8 to 10 months. The reason for selling is because the owner wants to migrate. This will be a company transfer, thus saving the botheration of registry etc.
Production halls, fire fighting system with underground storage of 20000 litres, RCC basement, Offices, Stores,Labour accomodation, etc.
Annual Gross Income:
Growth & Expansion:
Presently the company enjoys Rs. 90 lacs of CC limits from a nationalised bank and also has a Term Loan of about Rs. 20 lacs, which was taken in 2013 to upgrade the plant and machinery resulting in better efficiency and speed.
Support & Training:
Well trained senior staff which trains the new incumbents covering all technical aspects
Reason for Selling:
The owners want to migrate from Noida due a family decision.
The land is owned by the company and is 902 Sq. Mts. with a built up area of about 11000Sq. Feet. The plot is NE facing with a broad 30 mtrs front road. The sale will be through company transfer by change of management duly filed with the ROC. The present construction/foundations can easily take the load of building further 2 floors+ half thus adding another 12000 Sq feet using the same infrastructure.
The information in this listing has been provided by the business seller or representative stated above. Business EXCHANGE has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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