Well-Established Eco-Friendly Paper Manufacturing Business Looking for Sale near Mumbai City
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It's an old Recycling paper manufacturing unit producing 100% Eco-friendly paper. The business is based out of Mumbai. The company was started in 2006. It is MSME registered and they have NOC from Gram Panchayat. The factory is set up on 1-acre industrial land. The industrial land has 4,000 sq.ft. shed with all machines, 3 bore wells, shed for office, 2 floors living quarters and 400 sq.ft., 75 HP transformer. The company also has additional 1-acre agricultural land.
The manufacturing unit is 1 year old. The factory has 2 machine lines electric & manual. The production capacity of electric machine line is 1,000 Kgs per shift. The manual factory line production capacity depends upon the type of papers to manufacture. They manufacture industrial filter papers, envelopes, water color painting papers, handmade decorative papers, cotton, silk, jute archival papers. Paper bags etc. They don’t use wood pulp and contains no chemicals and toxins.
The company has won Bronze award lions design festival France and 2 silver awards peacock in Goa. Some of their premium clients are Leo Bernard, Yes bank, Hindustan times, etc. The company has stopped manufacturing as the client is moving abroad. The value of 1 acre of industrial land is INR 1.75 crores and fertile agricultural land is INR 25 lakhs. The value for manufacturing unit, office, bore wells, transformer and living quarters is INR 3.25 crores. The Inventory is of INR 25 lakhs.
The last year turnover was INR 56 lakhs. There is huge opportunity to scale up the business with this setup.
The Asking price is INR 5 Cr.
Reason
Owner is migrating abroad
Keywords
₹10 to ₹200 Cr
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