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Engineering component manufacturer and Award wining Exporter

Asking Price: INR 11000000   |  Posted by : Amit Nag
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Business Location: India » West Bengal » Howrah 
Category: Engineering » Manufacturing
Description:
The unit is located in industrial hub of Howrah,West Bengal, having own land ( 3000 sq.ft mostly with built up structure).On the same boundary wall, we have a neighboring foundry, making grey iron castings.
The present market rate of the adjacent land is Rs.1100 per sq.ft.
The unit is having workshop shed with electric power ,air conditioned office. Machines like Capstan, Lathes, DRO fitted precision Turret Milling machine,Press, Hardness Testing machine, High Precision Electronica make digital measuring machine with probe to control precise dimensions to the extent of 0.5 micron and many measuring instruments like Bore Dial gauges, band of micrometers,Verniers,( all calibrated), Esab-Sweden make multifunction TIG welding machine,drill machines, Grinders,Sandering,Double Column Band saw, non ferrous melting furnace with Italian burner, Circular abrasive cutter,five active computers with peripherals,many chair -tables, Almirahs,Cabinets, normal and Industrial fans,book cases filled with many expensive technical books and many more items.Most of the machines are brand new and of good brand.

We have been doing exports of own manufactured as well as sourced items to all developed countries like Germany,UK,USA,The Netherlands, Denmark etc.,since 2005 and have been awarded with Gold Trophy in number of times for our performance and business ethics.

Having many running export orders.
15 dedicated people are working with us.

Our last year turnover was around 13 million and this year we expect to touch around INR 18 million.
We have a running CC limit of Rs.25 lacs and Term loan ( now reduced to around Rs.8 lacs) with the bank.
We have been enjoying very high reputation with the bank and with other institutions like Directorate of Industries,MSME,Excise, Commecial Tax department,Export council, etc.
Besides the registration with all above, we are also registered with NSIC, which is needed to do business with Govt.organizations.

Our quality system is as per ISO-9001:2008 and is certified by DNV,Holland.

We have Orange category certificate from Pollution control department.
Besides above, the unit is having profound non tangible good will.

The unit is a running and is a profit making one and not a single day can be wasted after the transfer is done.
Financial Information:  
Annual gross sales: (INR) 13000000
Yearly Revenue: (INR)
Total yearly sales revenue
13000000
Net Profit: (INR)
Total profit before taxes
800000
Furniture and fixtures value: (INR) 200000
Inventory value: (INR) 4000000
Monthly Payroll: (INR) 120000
Total Debt: (INR)
Include all property loans, business loans, etc.
3000000
Cash Flow: (INR)
Net profit before taxes, owner payments, interest, and depreciation
600000
General Information:  
Business Area: 14 KM from heart of Kolkata
Year Established: 2005
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 15
No of trading hours: 10
Reasons for selling:
Owner wishes to retire in a couple of years time.
Market competition and expansion:
Some more machines will be needed to add up to make the unit more productive.Otherwise more sources are to be developed to cater the on going requirements.
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