Manufacturing Unit of Iron Concrete Nails for Sale in Hyderabad
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About Business
This manufacturing unit is in operational since Feb 2018 and is registered as a sole proprietorship company. They manufacture Iron Concrete nails which are mainly used in RCC construction and Cable clips. This manufacturing business is first of its kind in India and there are no competitors. The owner has imported the machinery from China. Currently, they have 10 clients.
The area of the plant is 3200 sq.ft. and monthly rent is INR 70,000. Total number of employees working are 8.
The product has a huge demand in India and the business has the potential to become a monopoly with high earning profits.
Machinery: 1 Furnace, 1 Galvanizer, 1 Wire drawing machine, 4 Nail making machine, 1 Polish machine.
The monthly sales are INR 30 lakhs with a net profit of INR 6-7 lakhs. Asking price is INR 1.5 Cr.(Negotiable) (Only machinery and technical knowledge are for sale)(cost of the machinery is around INR 3 Cr.)
The owner will share CLIENT's LIST, SUPPLIER's LIST, TECHNICAL KNOWLEDGE FOR 1 MONTH (STAFF WILL COME FROM CHINA).
Reason
Not from this field - Was in the plastic industry since 27 years. So not able to handle it. Also, the owner has another major business to focus on.
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₹10 to ₹200 Cr
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