Solar Power Business for Sale in Faridabad
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This profitable business was established in 2015 in Faridabad. The business is a Limited Liability Partnership company with 4 directors(2 majority stake holders). This company is involved with supply and service of solar products. They also do solar installations in domestic and commercial places. They have manufacturing partners who supply them these products. They are registered with various online portals like Trade India etc. Their main products include Solar Street Lights,Solar Water Heaters etc. They have installed more than 5000 ltr capacity of water heaters in various hotels in Uttarakhand. They have contracts with Power Grid and various telecom giants. They have tieups with some major distributors in UP,Maharashtra,Jharkhand and Orissa. They are also in talks with a telecom giant with regards to a major project.
This business has huge potential in the future. This has almost no liabilities. They are also nearing the completion of 3 years of existence post which they will be eligible for government contracts. Their project talks with the telecom giant is also in advanced stage. Their previous year revenue was INR 46 Lakhs with a margin of 10-12%. Since the promoters own different businesses as well,they are not able to provide sufficient time for this business. They are therefore looking to sell this profitable business. The Asking price is INR 30 Lakhs(Negotiable)
Reason
Busy with other ventures
Business Tags
₹10 to ₹200 Cr
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