Reputed Caster Wheels Trading Business For Sale In Mumbai
Email
Phone
Google
LinkedIn
Facebook
Product / Service
Wholesalers, Retailers, Stockist, Dealers Traders of Wide range of CastorsS & Trolley Wheels [ NICHE PRODUCT ]
Clientele type
The product line is used in all sort of industries from domestic to commercial. PAN India clients.
Premises
The leased retail outlet of 750 sq.ft. in the Heart of Prime Location & one of the Oldest & Busy Industrial Hardware Market in South Mumbai with Heavy Footfall & well connected to all ways of Transportation & services nearby. The leased retail outlet is on rent of INR 65,000 per month.
It also includes 3 Self-owned Small Offices on the 1st floor Next door building used to hold product stock for current business. The areas of these 3 offices are 95 sq.ft., 85 sq.ft., 165 sq.ft.
Asking Price Includes
BUSINESS, GOODWILL
Reason
Owner is moving Abroad
Other Details
THIS IS A TRADITIONAL BUSINESS RUN BY THE 4th GENERATION.
BUSINESS HAS STRONG GOODWILL IN THE MARKET ITSELF AS WELL AS WELL AS WITH VENDORS ALL AROUND INDIA. VERY STRONG PRESENCE ON INTERNET MARKETING.
THE PRODUCT LINE IS NICHE FAST MOVING PRODUCT & ALWAYS IN SHORTAGE & WELL DEMAND FOREVER CREATING ENDLESS FUTURE.
PRODUCT LINE HAVING COMPLETE ENTIRE RANGE OF ITEMS COVERING DOMESTIC TO COMMERCIAL MARKET NEEDS.
THIS BUSINESS WAS NEVER AFFECTED IN ANY KIND OF SLAG OR ANY KIND OF DOWNFALL. EVEN CURRENTLY IN TODAYS FINANCIAL SITUATION BUSINESS IS DOING GREAT AT IT OWN PACE & VOLUME.
BEFORE FEW YEARS THE CLIENTELE WERE DIRECT INDUSTRIES. BUT NOWADAYS ALL THE MIDDLE MAN SUBCONTRACTORS ARE OUR CLIENTELE WHO DO JOB WORK FOR BIG INDUSTRIES, COMPANIES & CORPORATES, ALSO FOR EXPORTERS.
ALSO INCLUDES OTHER DOMESTIC & NATIONAL LEVEL CLIENTS PAN INDIA & END USERS.
BUSINESS:
CURRENTLY BUSINESS HOLD STOCK OF INR 40 LAKHS to 50 LAKHS WITH TOTAL TURNOVER OF APPRX INR 3 Cr & OTHER DISCRETE INCOME.
GROSS PROFIT MARGIN 30 %
NET PROFIT INR 40 LAKHS YEARLY
WELL TRAINED STAFF WILL REMAIN AT IT PLACE.
BUSINESS READY TO GO SINCE NEXT DAY OF ACQUISITION
IMMEDIATE PROFIT FROM DAY 1st.
NEW OWNER IF MANAGED PROPERLY CAN GROW UNEXPECTEDLY DOUBLE SIZE SAME YEAR *ITSELF*OF ACQUISITION. CURRENTLY, THE BUSINESS RUNS AS SEMI ABSENTEE OWNER.
ASKING PRICE:
a) INR 3.5 Cr. (INCLUDES BUSINESS & GOODWILL) ONLY. The buyer has to pay rent if he only buys BUSINESS & GOODWILL and need to pay the monthly rent of INR 75,000 FOR ABOVE 3 Office premises located on 1st floor used as storage & also need to pay the ongoing Retail outlet lease of INR 65,000, Which may be effective with new BUYER.
b) INR 4 Cr. (INCLUDES BUSINESS, GOODWILL, STOCK)
c) INR 5.75 Cr. (INCLUDES BUSINESS, GOODWILL, STOCK, AND OWNED PREMISES WORTH INR 1.75 Cr.)
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
