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Takeover/outright sale of established buisness
Asking Price:
INR 1000000
| Posted by : Jay Iye
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Business Location:
India » Tamil Nadu » Delhi
Category:
Media
»
Media
Description:
Some useful information for you to decide:
1. this business is a monopoly in the tourism industry and has no competitors. There can never be competitors --this is the uniqueness of the bsuiness.
2. The business fetched us a good profit right from the beginning -- 25% in the launch year, and roughly about 15-20 % in the preceding years. The profit margin can go up in the coming years.
3. The business is currently doing a turnover 80 lakhs INR. We estimate a turnover of atleast 2.5 crores in 1-1.5 years as there are several dimensions of the product which can be easily launched concurrently. The launch in 2005 averaged approx. 25-30 lakhs INR turnover. We are interested in a sale transaction of Rs. 1 crore.
4. There are approximately 7 people working full time on this currently. There are 5 more people working part time. The total workforce is 12. For takeover, you can calculate 3-5 people from the existing team.
5. A support of 3-6 months can be provided after takeover.
6. There are no physical assets in the transaction however, the goodwill and the other associated activities such as web sites, logo (trademark) etc. are there. THERE ARE NO LIABILITIES.
Financial Information:
Annual gross sales: (INR)
N/A
Yearly Revenue: (INR)
Total yearly sales revenue
N/A
Net Profit: (INR)
Total profit before taxes
N/A
General Information:
Business Area:
Year Established:
2005
Is Relocatable?:
Yes
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
No
Number of Employees
:
7
Reasons for selling:
management is keen to set up a social responsibility business
Market competition and expansion:
no competitors.MONOPOLY.
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