Profitable Foundry Chemicals Plant For Sale In Roorkee
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About Business
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.
More 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.
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₹10 to ₹200 Cr
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