Debt Free Chemical Plant For Sale In Roorkee
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Product / Service
Exothermic sleeves, exothermic hot-tops, Anti-piping compound, Foundry fluxes, Various types of foundry coatings and other foundry consumables.
Clientele type
They have majority of their clients in Punjab, Uttar Pradesh, and Haryana.
Premises
LEASED
Lease per month (in INR): 20,000
Security Deposit (in INR): 100,000
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
Total asset and total share holding as the unit is debt free.
Reason
They are retiring as the next generation is not interested in the business as they are settled abroad.
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 a two men team to make the die and tools, rest are in accounts and management.
Business Tags
₹10 to ₹200 Cr
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