Dormant Kitchen Appliances Mfg Company for Sale in Bangalore
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About Business
Its a Kitchen Appliances Manufacturing business in Bangalore. Its a very well renowned brand and due to its wide distribution network and pricing strategy, its products has reached to maximum number of houses.
Products:
1) Pressure Cooker- Outerlid - with 4500 pcs manufactured in 8 hrs shift
2) Nonstick Cookware - single/two/three coat - with 4000 pcs manufactured in 8 hrs shift
3) LPG/Glasstop - with 1000 pcs manufactured in 8 hrs shift
The products are manufactured with different sizes having different capacity.
MRP of these product ranges from INR 300 to INR 4600. In which Gross Profit ranges from 25% to 32%.
Clients/Revenue Segmentation:
1) Modern Trade - 20%
2) Online Trade - 20%
3) Contract Manufacturing - 30%
4) Direct Distribution - 20%
5) Own Retail store - 10% (Company operates 7 retail store spanning 90,000 sq ft)
Financials: Last 3 years average Turnover was above INR 50 Cr. In the FY 2016-17, company clocked the Turnover of INR 48.35 Cr. making a Gross profit of INR 7.12 Cr. and Net profit of around INR 53.45 Lacs.
Clientele type
Wholesalers and retailers
Premises
LEASED
Lease per month (in INR): 1.60 L
Security Deposit (in INR): 20.00 L
Carpet Area: 10,000 sq ft
All the machines are maintained well and work can begin from tomorrow itself
Asking Price Includes
All the machines and handholding for sometime.
Reason
The next generation is settled abroad and there's no successor for the business.
More Details
The promoter is retiring from the business as the next generation is settled abroad. This is the only plant in banglore making TRIPLY COOKWARE.
Hydraulic press 250tonns -1
Hydraulic press 40tonns -2
Hydraulic press 3station 15tonns -1
Numatic power press 30tonns -1
Numatic power press 45tonns -1
Power press 10tonns-1
Auto holing machines -1
Trimming machines -2
Hydraulic press 2station -1
Lathe -2
Surface grinder-1
Buffing motors -15
Auto buffing machine -2
Auto emery machines -4
Belt grinder-1
Spot welding machine -1
Laser marking machines -2
Generator set 160kva-1
Power press 30tonns -2
Assembly conveyor belt-2
Required tables and racks
Tools and dies
2lts /3lts/5lts cooker dies full set
For body and lid
Kadai-200/240/260
Casseroles-200/240
Fry pan -200/240
Saucepan-160
Tawa-240
Topes-140/160/180/200
Lid -200/240 for cookware
Keywords
Business Tags
₹10 to ₹200 Cr
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