Profitable Foundry Chemicals Plant For Sale In Roorkee
Email
Phone
Google
LinkedIn
Facebook
Product / Service
Exothermic sleeves, exothermic hot-tops, Anti-piping compound, Foundry fluxes, Various types of foundry coatings and other foundry consumables. All the products have an almost equal demand because these products are used together in the steel casting process.
Clientele type
They have majority of their clients in Punjab, Uttar Pradesh, and Haryana.
Premises
LEASED
Lease per month (in INR): 20.00 K
Security Deposit (in INR): 1.00 L
Carpet Area: 30,000 sq ft
They have leased the piece of land and constructed the factory themselves. Currently, they have lease deed of 9 years that can be extended. The premise has a dedicated production space, 3 halls for storage of raw materials and finished goods, and 3 rooms for administration.
The premise is located 8 km away from Roorkee and 2 km from Roorkee-Haridwar highway.
Asking Price Includes
Tangible assets include:
- The infrastructure cost is INR 60-70 lakh.
- The cost of physical assets (chemicals, machinery, tools that are used inside) is a combination of INR 1.65 crore.
Intangible assets include:
- Chemical names.
- Chemical formulas,
- Hardware tool designs.
- Mould Prints etc.
- The business has four shareholders who have 35%, 35%, 20% and 10 % ownership respectively.
- The business does not have any loans and has been self-funded.
Asking Price
INR 4.00 Cr
Minimum ticket size
INR 2.00 Cr
Reason
We can full sale our business or we can stay if we get a good partner who work with us to grow the business as we have many plans to extend.
Other Details
Currently they are utilizing 35% capacity of of their production unit based on their client's requirement.
The products that they are making are a one time use items. The business is based on the steel casting as the products are the base raw material to cast the steel.
They have a 40 members team in the plant where 35 members are in production with helpers and have a chemist to test the raw material and final product quality in laboratory and two men team to make the die and tools, rest are in accounts and management.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
