Fully Equipped Manufacturing Unit for Sale in Dhanbad, Jharkhand
Product / Service
Acquire a fully-equipped manufacturing unit in Dhanbad, Jharkhand running since 2-2.5 years. This business is in an oligopoly market with only 3 or 4 other companies manufacturing the same products. Products manufactured include Pull Chord Switch, Push Button Station, Temperature Switch, Float Switch, Miner’s Cap Lamp Bulb, Reflective Harness, Audio Visual Alarm and Well Glass Light Fittings. These products are mainly used in underground coal mines. Some of the existing or probable clients including; Coal India Ltd., Tata Iron & Steel Co. Ltd., Nikko Jaiswal Ltd., Monnet Ispat & Energy Ltd., Electrosteel Ltd., etc. The unit has 6 approvals which are not easy to acquire. The unit is spread on a leased land of around 3000 Sqft. Revenue of the business is around 10 – 15 Lacs per annum. 7 employees working at the unit. The business owns machines for cutting, painting, drilling, grinding, welding etc. This business can be shifted to anywhere in India. Asking Price: INR 57 Lacs (getting each approval costs roughly around 1 Lakh).
Reason
Shifting to another location
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?