A Profitable Medical Device Company for sale in Mumbai.
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This is a medical device business based in Mumbai that is available for sale. The business is into manufacturing of medical devices which are highly used in nursing and medical institutes all across India. The product has ISO / EU certification hence, can also be exported as well. The business was started in 1993 in Mumbai. At present they procure parts / components for the product from market and assemble it in a unit taken on lease. They are looking for a prospective buyer who can take the manufacturing of the product ahead. The devices are supplied in different hospitals in Mumbai as well as outside the state. The business earns a profit margin of around 50%.
The asking price of the business is INR 20 lakhs (negotiable).
Reason
The owner wants to retire and planning to settle down outside the state.
Keywords
₹10 to ₹200 Cr
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